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Brian Said:

Mortgage Wholesale Line?

We Answered:

You have to go in person to all the local "2nd tier" banks. The ones that don't have a big loan origination department. They save money by using mortgage brokers to find the borrowers. Even they probably won't let you sell home-equity loans but you can do regular 1st mortgages and make a good living.

The biggest national banks have cut back on using loan brokers.

Byron Said:

How can I (wholesale lender) get brokers info and ask them to use my services as a primary resource for loans?

We Answered:

Go out and meet the brokers face to face. Call them and set up appointments to meet with them. They are more likely to do business with someone that they know hand have met in person than they are with someone who keeps sending them junk mail.

Pauline Said:

i'm a mortgage broker in texas. what wholesale lender has the lowest interest rates?

We Answered:

you are a mortgage broker and you are asking us?

Marjorie Said:

Hi, which mortgage lender offers 100% stated income, verified asset (siva) up to 945,000.00? Not avail?

We Answered:

Indymac with a 720 will do 95%
GN Mmortgage does 100% with 720
Chase does no Ratio with a 700

Not sure what the cap is on the loan amount, they might not do a jumbo but I don't have that info right now.

That was as of 5 minutes ago anyway... in 5 minutes that could all change!

Sherri Said:

"scripting for inside account executive." wholesale mortgage lending.?

We Answered:

yah...so you can talk english....

Claudia Said:

Need advice about mortgage lender?

We Answered:

For one thing go with a lender that doesnt charge a commission because that guy is not working in your best interest hes going to screw you by selling you guys whats going to make him the most money. Secondly, if this is your first mortgage you want to go with an instituion that is going to be easy to contact so you can talk with someone when you have question or issues. The service aspect is just as important as the mortgage product. The mortgage that has the best rate isnt always the best way to go, I would rather take a mortgage with a slightly higher rate and be able to to phone up my mortgage advisor at anytime to get advice, recommendations, and resolve problems than have someone impossible to get ahold of all the time.