Wholesale Lending refers to the practice of providing loans to mortgage brokers or other financial institutions who then work directly with borrowers. This process is commonly known as wholesale lending or wholesale mortgage. In this arrangement, the lender extends credit to the mortgage broker’s financial institution, an intermediary between the lender and the borrower. mortgage broker financial institution handles the loan application, underwriting, and closing processes, while the lender provides the funds for the loan. This practice allows lenders to reach a wider and utilize brokers’ expertise in loans.
As a mortgage broker, your clients rely on your expertise to find them the best deals. Our Quick Pricer tool can be an invaluable asset in your quest to secure the most advantageous mortgage rates. Be sure to explore our Programs section for additional resources tailored to your needs. If you have specific scenarios in mind, don’t hesitate to request them; we’re here to assist you. And if you’re interested in joining forces to provide even more value to your clients, consider becoming a partner with us. Together, we can empower individuals and families to achieve their dreams of homeownership.
