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Mortgage Glossary

Below is an A-Z glossary of general terms used within the mortgage industry. Click on any term to view a detailed explanation. Use the alphabet below to navigate quickly to a term beginning with:

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Wholesale Lender

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Some lenders do not deal directly with the borrowers at all and operate entirely through brokers. In these cases, the brokers will complete the application process and all the relevant paperwork. These lenders are known as wholesale lenders.

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