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Direct lending is a form of corporate debt provision in which lenders other than banks make loans to companies without intermediaries such as an investment bank, a broker or a private equity firm. In direct lending, the borrowers are usually smaller or mid-sized companies, also called mid-market or small and medium enterprises , rather than ...
Correspondent lenders originate and fund their own loans but quickly sell them to larger lending institutions on the secondary mortgage market after the loan closes. These lenders offer a wide ...
First Mortgage Direct. 4.8. 620 for conventional loans, 580 for FHA loans, 580 for VA loans ... You can get an FHA loan through many online lenders with a minimum credit score of 580 and 3.5 ...
Not all lenders are alike. Here’s how to distinguish them, and why it matters for your mortgage.
A loan officer works under the umbrella license of an institution, typically a bank or direct lender. Both positions have legal, moral, and professional responsibilities and obligations to prevent fraud and to fully disclose loan terms to both consumer and lender. Agents of mortgage brokers may refer to themselves as "loan officers".
First Mortgage Direct. 620 for conventional loans, 580 for FHA and VA loans. ... Consider using a credit union or online lender, which might have more flexible loan options.
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