Banks We Work With
We are set up with OVER 90 different banks, lenders and investors on the wholesale side, to get you, our clients, wholesale mortgage rates. This is why some people have jokingly referred to Derek as, "The Human Lending Tree".
Let Derek and his team do the shopping for you, don't waste your time calling around to get rate quotes that probably aren't even correct. Loan officers know that you are NOT going to lock in your interest rate the day you call, you haven't even filled out an application, so they can tell you whatever they want to make it sound good. One application, 90 different banks and lenders.
TIP - At least ask for proof of the quote, the rate and what lender credit amount is available at each rate. Below are just some of the banks, lenders and investors that we close loans with on their wholesale side. As you will notice, many of the bank shown below have retail branches. So, the question is, would you rather get a wholesale mortgage rate or a retail mortgage rate?
For example, you see Quicken. We get Quicken's wholesale rates (but typically even Quicken wholesale is not that good... just imagine what their retail must be like). LoanDepot is the wholesale arm of iMortgage, a retail lender and an in house lender at many real estate offices. Caliber Home Loans has many retail offices, but we are able to get their wholesale rates, unlike their retail loan officers do. New Leaf is the wholesale arm of Skyline Home Loans. You see all the big boys up there... CHASE, Wells Fargo, US Bank, etc., we get their wholesale rates. CMG Financial, Bay Equity, New American Funding, First Cal, Kinecta Federal Credit Union.... those are just some more examples of lenders that we get wholesale rates from, but that also have retail offices throughout California.
Let Derek and his team do the shopping for you, don't waste your time calling around to get rate quotes that probably aren't even correct. Loan officers know that you are NOT going to lock in your interest rate the day you call, you haven't even filled out an application, so they can tell you whatever they want to make it sound good. One application, 90 different banks and lenders.
TIP - At least ask for proof of the quote, the rate and what lender credit amount is available at each rate. Below are just some of the banks, lenders and investors that we close loans with on their wholesale side. As you will notice, many of the bank shown below have retail branches. So, the question is, would you rather get a wholesale mortgage rate or a retail mortgage rate?
For example, you see Quicken. We get Quicken's wholesale rates (but typically even Quicken wholesale is not that good... just imagine what their retail must be like). LoanDepot is the wholesale arm of iMortgage, a retail lender and an in house lender at many real estate offices. Caliber Home Loans has many retail offices, but we are able to get their wholesale rates, unlike their retail loan officers do. New Leaf is the wholesale arm of Skyline Home Loans. You see all the big boys up there... CHASE, Wells Fargo, US Bank, etc., we get their wholesale rates. CMG Financial, Bay Equity, New American Funding, First Cal, Kinecta Federal Credit Union.... those are just some more examples of lenders that we get wholesale rates from, but that also have retail offices throughout California.
