A bank sells you its loans.
A broker shops for you.
When you walk into a bank, you get that bank's products and that bank's pricing. We work the other side of the counter. We take one application and shop it with 130+ wholesale lenders.
Plus our own $100M Credit Line. Same application either way.
MTG Wholesale is typically about three quarters of a point lower than a traditional individual retail lender or single bank financing.
Why have your credit run over and over?
Shopping on your own means a new application and a new credit check at every lender. With MTG Wholesale, we run one soft credit pull and shop it across 130+ lenders.
What sits behind your file
How the two channels work
Retail. A bank or retail lender makes loans with its own money and its own rules, and sells them straight to you. If their program doesn't fit you, the answer is no, or a loan that fits them better than it fits you.
Wholesale. Wholesale lenders don't sell to the public. They work through licensed brokers like us. Because we can compare many of them at once, we can match your file to the lender whose rules and pricing fit it.
MTG Wholesale is an approved wholesale mortgage brokerage with Fannie Mae and Freddie Mac.