Legal Definitions - money scrivener

A money scrivener is a type of money broker who helps people obtain money for mortgages or other loans. They act as intermediaries between borrowers and lenders, helping to facilitate the lending process.

• A person who wants to buy a house but doesn't have enough money for a down payment might turn to a money scrivener to help them secure a mortgage.
• A small business owner who needs a loan to expand their operations might work with a money scrivener to find a lender who is willing to provide the necessary funds.

These examples illustrate how a money scrivener can help individuals and businesses obtain the financing they need to achieve their goals. By working with a money scrivener, borrowers can access a wider range of lending options and potentially secure better terms and rates than they would be able to on their own.