Mortgage Company Sell Loan
Can your mortgage company sell their loan to you to another mortgage company?
Yes, mortgage companies can sell loans. They do it all the time. It is how the small, responsive companies are able to create loans, since they are able to get the customers, match the loans to the customers, then sell the loans to the big banks, giving them back the capital to establish more loans.
It is a very good, very effective means of getting the financing to the people who need it.
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