Veterans Save Big on Mortgages with ...
“Beyond the savings over the life of the loan, the study also concluded that veterans and minorities benefit significantly by going through the wholesale channel.
VA borrowers save an average of $13,432 per loan when working with an independent mortgage broker as opposed to a retail lender.
In addition, VA borrowers who obtained their loans through the wholesale channel received an average rate of 6.26% rate on average compared to a 6.40% rate from retail lenders and paid less upfront, compared to the retail channel (106bps).
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