What are wholesale rates anyway? Everyday across the country, the large primary lenders like Countrywide, Bank of America, Wells Fargo and the like produce rates known as their wholesale rates. They deliver these rates to their retail branches and third-party brokers around the country. Those folks then add their fees and commissions, usually 1/8% to 1/4% above the wholesale rate to cover the commissions, office overhead and profit. What we do with these wholesale rates at LoansAtWholesale is pass them straight through to you. Our money is earned through our flat fee and processing fee, not big origination fees or higher rates.

On average, our customers will save 1/4% on the rate or roughly $1,800 to $2,200 on their loan costs by using LoansAtWholesale.