The Lofty Lender with #tallmoneyman

Retail vs. Broker vs. Correspondent Lenders: What’s the Real Difference?


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In this episode of The Lofty Lender, Kyle #TallMoneyMan and Charlie Chedester break down one of the most confusing topics in the mortgage world: the difference between retail lenders, mortgage brokers, and correspondent lenders.

Whether you’re a first-time homebuyer, move-up buyer, investor, or simply curious about how lending actually works behind the scenes, this conversation lays it all out in simple, easy-to-understand language—backed by real stories from real clients.

We cover:
💡 Why comparing more than just interest rates matters
🏦 What truly differentiates banks, brokers, and correspondent lenders
📞 How service, communication, and flexibility impact your loan experience
📬 Why Midwest Family Lending doesn’t sell insurance (even if junk mail says otherwise)
📊 Kyle’s personal story about bundling home + auto insurance—and what it teaches buyers about comparing lenders
✔️ Actionable takeaways to help you feel confident in choosing the right lender

If you’ve ever wondered who actually funds your loan, who services it, and why mortgage quotes vary so much between lenders, this episode clears the fog.

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The Lofty Lender with #tallmoneymanBy Kyle Guldenpfennig