Business / Loan / Lender: A company or person that makes mortgage loans, such as a mortgage banker, credit union, bank, or savings and loan. Your lender's name will appear on your promissory note.

Subprime Lenders

Business / Real Estate / Subprime Lenders: Lenders who specialize in B, C, or D catagory paper. MORE

Lender Paid Compensation To Broker

Business / Loan / Lender Paid Compensation To Broker: This is also called the Yield Spread Premium. Fee which the lender pays to the mortgage broker for obtaining the loan for his client. MORE

Lenders Escrow Instructions

Business / Real Estate / Lenders Escrow Instructions: A lenders written instructions to the escrow company stating the conditions which must be met before the deed of trust can be recorded. MORE

Institutional Lender

Business / Loan / Institutional Lender: A lender which makes a substantial number of real estate loans, such as banks, savings and loan associations, and insurance companies. MORE

Noninstitutional Lenders

Business / Real Estate / Noninstitutional Lenders: Credit unions, pension funds, private individuals and real estate investment trusts. MORE

Multi-Lender Environment

Business / Loan / Multi-Lender Environment: Numerous lending institution sharing the same site and information to provide instant financing to small businesses. MORE