Many lenders throughout the United States partner with other private lending companies to fund private mortgages for real estate investors. Some of these relationships are known as "wholesale lending", and it’s a great way for lenders to offer more loan products to their clients. In this video, Rocky Butani explains how wholesale works in the private mortgage industry, how it affects real estate investors, and how to find companies that offer wholesale lending programs to private hard money lenders.
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00:00 Introduction 00:42 What is Wholesale Lending? 02:08 Different Terms for Wholesale 03:10 2 Types of Wholesale Lenders 03:51 Wholesale Pricing Structures 05:43 How Wholesale Affects Borrowers 06:38 Qualifications for Wholesale 07:05 Why Use Wholesale 07:56 How to Find Wholesale Lenders
Private Lender Link, Inc. is licensed by the California Department of Real Estate (CA DRE Lic. 02057741). Rocky Butani is the company's designated officer: CA DRE Broker Lic. 01893537
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By: Private Lender Link Title: Wholesale Lending for Private Hard Money Loans Explained Sourced From: www.youtube.com/watch?v=LXFF95sjjmc
