Retail loan providers were finance companies, borrowing unions, and you will home loan bankers
Extremely lenders from the You.S. try home loan lenders. Home financing financial might be a shopping otherwise a direct financial-in addition to highest banking institutions, on the internet mortgage lenders such as for example Quicken, otherwise credit unions.
These lenders borrow money at small-term rates regarding factory lenders (discover less than) to pay for the latest mortgage loans it issue in order to customers. Leia mais