Would Donald Trump's return to the White House be good for the mortgage industry? Experts aren't so sure.

The majority of mortgage professionals voted Republican in 2020 and say they'll do the same this November, according to a recent Arizent survey. Many housing finance players still support President Biden, but the business is about the most Republican-leaning group among their financial services peers also surveyed.

No matter who's in the Oval Office over the following four years, stakeholders suggest neither leader will directly help lenders and origination activity. 

"We're not assuming the election changes anything significantly for the mortgage industry," said Bose George, managing director at Keefe, Bruyette and Woods. 

Lenders are most worried about interest rates, a number the president, despite any past criticisms, has no control over. Experts who spoke to National Mortgage News about a possible Trump second term pointed to the small impacts his potential second term could deliver.