A Mortgage From Wal-Mart? 33% Say They Want One!
Posted by The Cascade Team Real Estate on
One in three consumers say they’d consider getting a mortgage from discount retailer Wal-Mart if they offered them, according to a study of 618 U.S. consumers conducted by Carlisle & Gallagher Consulting Group. The company provides consulting services to some of the top U.S. mortgage originators.
Nearly half surveyed said they’d also consider a mortgage from PayPal, an online payment provider. Neither company offers mortgages.Â
The study is an indication that consumers are willing to try alternative lenders, says Doug Hautop, lending practice lead at Carlisle & Gallagher Consulting Group.Â
Should banks feel threatened? Non-bank mortgage companies, such as Quicken Loans and Nationstar…
3022 Views, 0 Comments