Why broker channel growth is inevitable

Jun 22, 2020, 15:50 PM by Ryan Smith

"I think the broker channel is resurging because it’s the best place for a loan officer to work," he said. "Brokers have access to multiple lenders with multiple products and multiple price points; retail originators don’t. That disparity has never been more apparent than today. If you’re working retail and their turn time is 15 days, you deal with it or you quit. A broker has access to multiple lenders."

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