Mortgage broker vs Loan officer

[Moriah Giles]

Hi everyone, I've been doing some researching learning different roles in the real estate transaction. A bit confused about the difference btwn the Loan Officer vs Mortgage Broker. So the loan officer is a salesperson paid to give you info so that you choose the right mortgage. The mortgage broker is a business entity. They find you programs at low cost but dont actually lend you money? Arent they both giving you information? I understand it is recommended to use both during a transaction. So then you have a Lender? Is that the bank. The loan officer is AT the bank right? Really confusing me alittle:(.

Thanks bpfam