BofI Federal Bank, the nationwide bank subsidiary of BofI Holding, Inc., announced Monday that it is launching a new lending program that will expand its wholesale lending channel.
According to an announcement from BofI Federal, the bank will now offer single-family agency mortgage products through its wholesale lending channel.
BofI Federal Bank has expanded its product suite for its wholesale customers to include loans that are eligible for sale to both Fannie Mae and Freddie Mac, BofI Federal said Monday.