What is a secondary mortgage company 2024?
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Studied at University of Edinburgh, Lives in Edinburgh, UK
When you finance a home with a mortgage loan, you and your lender do business on the primary mortgage market. But there is a secondary market by which the lender recoups the entirety of the funds they lent you. They do this through outside investors.
2023-05-12 11:00:20
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Mia Perez
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When you finance a home with a mortgage loan, you and your lender do business on the primary mortgage market. But there is a secondary market by which the lender recoups the entirety of the funds they lent you. They do this through outside investors.