Who is direct mortgage?
Direct mortgage lenders are considered any financial institution that can provide mortgages directly to borrowers without intermediaries such as investment banks, mortgage brokers, or private equity firms.
Is direct mortgage loans legit?
Direct Mortgage Loans is a licensed, direct lender committed to outstanding mortgage solutions and building lifelong relationships. Our knowledgeable team is here to guide you every step of the way, ensuring your home buying process is quick, easy, and direct.
What is consumer direct mortgage lending?
Consumer Direct Lending. ... Consumer direct lenders provide lending options to a higher volume of borrowers using mortgage CRM software and other apps to provide a web-based lending experience, where traditional retail lenders use loan officers to work directly with the borrower on their loan.
What is the difference between a direct lender and a mortgage broker?
A mortgage broker acts as an intermediary by helping consumers identify the best lender for their situation, while a direct lender is a bank or other financial institution that decides whether you qualify for the loan and, if you do, hands over the check.