When people think of mortgage lenders, they think of what we in the industry refer to as retail mortgage lenders. In years past, retail lenders held a daunting market share towering over other types of loan originators through a process that would originate and fund loans in-house. More recently, other industry competitors have begun to even the playing field, creating retail lenders’ need to evolve.
This Article Covers:
- The central differences between retail lenders and other types of lenders
- Competitive strategies of retail lenders
- Optimizing the retail lending process through integrations