direct lender
Non-brokered loan source
A direct lender is a financial institution that originates loans itself rather than acting as a broker connecting borrowers to other lenders.
The term emphasizes that you're dealing with the actual source of funds: We got our mortgage through a direct lender, not a broker.
Direct lenders include banks, credit unions, and online lending platforms that underwrite and fund loans from their own capital.
- mortgageSecured home loan
- loanBorrowed money repaid later
- personal loanUnsecured individual borrowing
- borrowerOne who takes temporarily
- paydayScheduled compensation date
approval · credit check · interest · credit · interest rate · funding · bank · finance · cash · private · money · underwriter · originator · online application · principal · collateral · terms · repayment
direct lenderbroker
Transaction intermediary for hire
mortgage broker · loan broker · intermediary · middleman · referral service
direct, lender, directly, direction, directional, director, directory, indirect, indirectly