I would like to hear opinions on the difference of the mortgage broker vs. the mortgage banker.  I have worked on both sides of the fense.  Today I enjoy the benefits of both worlds as I can operatate as a broker or banker.  I lean toward the broker side as nine times out of ten I can obtain a better rate and closing cost deal for my clients and make more revenue for my company and me (win-win).  Every time I price a loan on the banker side the rate is higher by at least 3/8 and closing costs are higher by $500-600.  However, I have used the banking side for a couple transactions that needed fast turn around time (one day from origination to close).  Most transactions are not a rush and taking the broker route appears to me to be a much better avenue unless the transaction is urgent in nature which is rare.  Please share your thoughts.