All clients need to know that the mortgage world is divided into 2 sectors. We want to let the cat out of the bag. There is the retail space and the wholesale space. Retail lenders encompass local banks, credit unions and direct lenders, which have limited programs and inflate their interest rates with large margins to increase profitability and to cover their massive overhead including loan officer salaries.
The wholesale space are mortgage brokers who access 100's of the Nation's TOP lenders with wholesale rates (raw pricing), which allows us to provide more affordable financing to all clients from investors to first time buyers with a much wider range of loan programs and creative financing at lower rates.
All clients need to know that the mortgage world is divided into 2 sectors. We want to let the cat out of the bag. There is the retail space and the wholesale space. Retail lenders encompass local banks, credit unions and direct lenders, which have limited programs and inflate their interest rates with large margins to increase profitability and to cover their massive overhead including loan officer salaries.
The wholesale space are mortgage brokers who access 100's of the Nation's TOP lenders with wholesale rates (raw pricing), which allows us to provide more affordable financing to all clients from investors to first time buyers with a much wider range of loan programs and creative financing at lower rates.
