09/18/2026
Most people think it's just broker or retail. There's a third lane worth knowing.
Mini-correspondent.
You fund the loan in your own name using a warehouse line, then sell it to an investor. The note has your name on it. Not a wholesale lender's. Not a retail bank's. Yours.
It sits in the middle.
More control than a broker because you fund the loan and own the process end to end.
Less overhead than a full retail bank because you're not carrying all that infrastructure.