We’ve had many inquiries about what direct lenders are and how the bank food chain is set up from top to bottom. To help answer those questions I’ve created a 2 part video that discusses the intracacies of flow-based correspondent lending.
Flow-based lending is typical for small direct, correspondent lenders. Please note that this does not represent all mortgage banking and correspondent banking scenarios it is accurate for smaller flow-based correspondent scenarios.
View the video here.
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