Understanding The Process Of Correspondent Lending Mortgage
https://www.compareclosing.com/blog/the-process-of-correspondent-lending/
WEBMay 22, 2023 · Correspondent lending is a unique mortgage financing arrangement that involves a partnership between a lender and a mortgage broker. In this scenario, the mortgage broker originates the loan and then sells it to a correspondent lender. The correspondent lender, in turn, underwrites and funds the loan, utilizing their own funds or …
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