Financing in 12201>Question Details

Elm, Home Buyer in Albany, NY

any comments on wholesale loans at hsbc?

Asked by Elm, Albany, NY Thu Nov 20, 2008

whole sale mortgages?

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Kevin Clancy’s answer
I had a couple buyers going through HSBC on the wholesale side when the announcement came through. Not really a big deal, you can still go to HSBC directly or choose from a variety of other lenders still working with brokers. Locally portfolio lenders such as Berkshire Bank, Trustco, and TD Bank North still offer many advantages. Give me a call if you need advice.
0 votes Thank Flag Link Sun Nov 30, 2008
HSBC plans to close its non-prime wholesale mortgage lending arm.
0 votes Thank Flag Link Fri Nov 21, 2008
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