Monday, January 25, 2010

Are There Any Wholesale Banks Still Out There?

I’ve got mortgage broker clients that are in a bind because their lenders will not let them close loans if their renewals haven’t come through (even though the state banking department still allows the mortgage broker to continue to solicit new business and close loans). So, if there is anyone out there who knows of lenders out there who wish to work with retail mortgage brokers, please send me an email to: Robin@mortgagelicensesolutions.com and let me know their contact information. If anyone actually does send me any names, I will investigate whether they are legitimate, what their requirements are, and let my readers know about them. This could be beneficial for mortgage brokers looking for new lenders and for lenders who want to work with more mortgage brokers.

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