Why Would a Mortgage Bank BROKER Loans?
There Are Three Primary Channels In Which Consumers Can Garner Mortgage Loans Commercials banks and credit unions (they do commercial loans, offer checking & savings accounts, and do mortgage loans) Mortgage banks (they only underwrite and fund mortgage loans, and do nothing else) Brokers (they only “originate” loans, and then submit them to unaffiliated lenders) […]Read More