The term "mortgage agent" refers to a professional who helps individuals or families obtain a loan for purchasing property. This person works with banks, credit unions and other financial institutions to secure financing on behalf of their clients. They assess the borrower's qualifications, determine how much they can afford based on their income, debts and expenses, and help them choose the best mortgage product for their needs. In essence, a mortgage agent is someone who helps people navigate through the complex process of obtaining a loan to purchase property, making it easier for individuals or families to achieve homeownership.