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Term of the Day
wholesale lender
wholesale inventories
wholesale mortgage prices
Definition
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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wholesale mortgage prices
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