What is a correspondent lender?
A correspondent lender is almost like a hybrid between a traditional lender and a mortgage broker. Correspondent lenders can lend their own money, but can also shop your mortgage around to other lenders, like a broker. Whether the correspondent lender funds the mortgage directly or shops it out to another lender, they will usually handle loan approval with their own in-house underwriter. This gives them more control and a faster turnaround than a broker. Correspondent lenders make money by charging fees.
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Contact Us
1455 W 16th Street, Yuma Arizona
Call: 928-726-7325
Email: [email protected]
Office hours:
Monday to Thursday 8:30-5:30
Friday 8:30-5:00
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