The term "residential mortgage broker" may also refer to which of the following?

The term "residential mortgage broker" refers specifically to an individual or entity that assists borrowers in obtaining residential mortgage loans by finding suitable lenders and facilitating the mortgage process. In New Jersey, a "Qualified Individual licensee" fits this definition perfectly. This designation indicates that the individual has met the necessary qualifications and holds a license to operate as a residential mortgage broker, ensuring they have the requisite knowledge and competence in mortgage lending practices.

The other choices do not align with the defined role of a residential mortgage broker. A general contractor focuses on construction and renovation projects rather than mortgage financing. A bank employee typically works for a financial institution, which may include various roles not specifically related to brokering mortgages. Lastly, while real estate agents may have some knowledge of mortgage processes, they do not hold the same licensing or responsibilities as a licensed mortgage broker, which is crucial for ensuring compliance with lending laws and regulations. Hence, the "Qualified Individual licensee" is the correct reference when discussing residential mortgage brokers.