BANK DEPOT
Bank Depot is a patented online mortgage options comparison, approval and mortgage lifecycle management system that provides customers the ability to choose the best mortgage from the financial institution of their choice. Bank Depot system provides customers unprecedented transparency into the entire loan origination process and thus automatically generates a certified AAA investment quality loan for the first time in the history of mortgage business.
BANK DEPOT
Industry:
Finance Financial Services
Address:
Natick, Massachusetts, United States
Country:
United States
Website Url:
http://www.wholesalehomerate.com
Total Employee:
11+
Status:
Closed
Technology used in webpage:
Domain Not Resolving
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Wholesale mortgage lenders - Wikipedia
The mortgage broker originates the loan; however, the funding of the loan as well as the decision on the creditworthiness of the loan is handled by the wholesale lender. The name of the wholesale lender typically appears on the loan documents, while the broker acts as an agent for the lender and collects a fee. Broker fees are sometimes collected by adding onto the rate offered by the wholesale lender, with the difference between the broker rate and the lower lender rate going t…See details»
Wholesale Mortgage Lenders: What They Are and How They Work …
Apr 29, 2024 Collecting and organizing the required documents, such as income verification, credit reports, and property information. Submitting the loan application to the wholesale …See details»
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May 11, 2023 Wholesaling is like body-slamming your way into the real estate market. You find deeply discounted properties, lock them down with a contract, and then tag in your cash buyer …See details»
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Apr 11, 2024 If you’re interested in getting the best interest rate, the broker and wholesale lender route might be a good fit for you.See details»
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May 6, 2024 Collecting and organizing necessary documents; Submitting the loan application to the lender; Coordinating with the lender’s underwriting team; This process simplifies the …See details»
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Sep 20, 2022 Buying & selling. Find an expert who knows the market. Compare trusted real estate agents all in one place. Find an agentSee details»
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Aug 5, 2022 The Complete Step-by-Step Guide to Wholesaling . Real estate wholesaling matches qualified buyers with property sellers for a finder's fee. Typically, wholesaling involves …See details»