Wholesale lender
Definition
A lender who provides loans through mortgage brokers or correspondents. The mortgage broker or correspondent initiates the transaction, takes the borrower's application, and processes the loan. As distinct from a Retail lender.
Related Terms Other terms related to 'Wholesale lender' starting with the letter 'W' Waive escrows, Worst case scenario, Workout assumption, Wrap around mortgage Browse by Letter » 1 4 A B C D E F G H I J L M N O P Q R S T U V W Y | 