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A direct mortgage lender is simply a bank or lender that works directly with a homeowner and underwrites their product in-house, with no need for a middleman or broker. They are also known as "consumer direct mortgage companies."
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. Quicken reports all its loans as so-called "retail originations" to the mortgage industry trade publication that ranks lenders. That retail category includes the direct-to-consumer mortgages that.
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LoanLeaders is a direct lender of a variety of mortgage products, including bad credit mortgage loans. The company offers expertise in many loan products, including FHA loans, VA loans, conforming loans, and specialized niche products.
Before deciding on a lender, borrowers should compare offerings from both brokers and banks, whether online or at a bricks-and-mortar.
Read about the difference between mortgage lenders, brokers and bankers and decide the best way to get a loan or refinance your home. Read more >>
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