Sentences with phrase «non bank lenders»
On the fixed rate mortgage side we have seen low rates in 2014 with the non bank lenders and in January 2015 the banks chose to lower some of their fixed terms closer to the market rates.
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However, non bank lenders continue to shift rates downward.
Non bank lenders generally have multiple wholesale lender contacts so they can shop between them for a better rates, and more product choices.
Not exact matches
National Australia Bank is included in 3 lists - Banks & Non-Bank Lenders, Business Bankers and Public Companies - non WA.
Although the documentation requirements of a hard money lender may be LESS than a bank lender for a loan approval, it does not mean they are non existent.
By comparison a non - bank / mono - line lender discounted rate is currently (on average) 3.7 %.
In particular, the emergence of bank mobile mortgage sales forces (MMSF) is challenging the perception of brokers as the low - rate / better customer service alternative (particularly among non - branch / monoline lenders).