Wholesale vs Retail Lending : A Quick Overview

Mortgage lending can be done through wholesale or retail channels, each with distinct advantages. Wholesale lending involves mortgage brokers who work with multiple lenders to offer competitive pricing, faster processing, and more flexible loan options. Brokers can negotiate better rates, which often results in lower costs for the borrower. They also expedite the process by handling much of the paperwork, making the experience quicker and more efficient.

In contrast, retail lending occurs when borrowers work directly with banks or lenders. This often leads to higher pricing due to captive rates and the loan options are more limited. The process can also be slower, with more bureaucracy involved.

Mortgage brokers make the home loan process faster, cheaper and easier by offering better pricing, streamlined processing and more flexible solutions. Whether you’re looking for home loans in New Orleans, Destrehan, Terrytown, Belle Chasse, Boutte, Kenner, Laplace, Luling or Metairie, mortgage brokers can help you find the best options.

Call (504) 258-4332 for expert assistance in securing home loans and home equity loans in Louisiana.