Skip to Content

Wholesale Lender

Wholesale Lender is a bank or non-bank lending institution that funds and sometimes services mortgage loans, but uses independent mortgage brokers like Stem Lending for the initial interaction with the client, including the application process. The mortgage broker originates the loan, however, the funding of the loan as well as the decision on the creditworthiness of the loan is handled by the wholesale lender.

« Back to Glossary Index