Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,898,683,139 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Wholesale Lender

    0.03 sec.
Wholesale Lender

A lender that provides loans through mortgage brokers or correspondents.

See Mortgage Lender/Retail Versus Wholesale Lenders.



Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Feedback
Add definition
Mentioned in?  References in periodicals archive?   Financial browser?   Full browser?
 
D'Alonzo says that local banks and one national wholesale lender are assisting buyers needing jumbo loans by combining a conforming first mortgage with a second lien.
The wholesale lender will offer their loans to mortgage brokers at a lower cost than other financial institutions.
In fact, some wholesale lenders don''t even have their own retail branches, relying mainly on mortgage brokers for their loans.
 
 
 
Financial Dictionary
?

Terms of Use | Privacy policy | Feedback | Advertise with Us | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.