These lenders have funds to lend and use mortgage brokers to secure loans for them. Some large lenders have both a wholesale division that works with brokers and a retail division that offers loans to the general public. Wholesale lenders generally have lower interest rates.
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Once they have a deal, they can send it to a mortgage bank or a wholesale lender. They need to process the loan once it is approved, and can negotiate pricing ...
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Look up companies and contact information in the alphabetical tabs below. If you have not already done so, please contact a participating wholesale lender to: ...
- American Financial Resources, Inc.
afrwholesale - American financial resources, wholesale mortgage division.