29 Tips for Home Loans and Buying Real Estate by Chicago Mortgage Broker Chad Masters
1: The difference between retail and wholesale. Retail equates to banks, credit unions and direct lenders (some big direct lenders would be Quicken, Guaranteed Rate, Fairway, etc). Wholesale is using a mortgage broker who accesses the wholesale rates from lenders and through a much different cost structure, passes those savings to you. 2: In general, the…