A mortgage provider is a LENDER that provides loans to individuals or businesses to purchase real estate. The term 'LENDER' is often used interchangeably with 'mortgage provider' as they both provide the same service. A LENDER typically offers a variety of loan products, such as fixed-rate mortgages, adjustable-rate mortgages, and jumbo loans. They also provide services such as loan origination, underwriting, and closing.