Champions Real Estate Finance - 30 hour Questions & Answers with high ratings

Character, Credit Score, Capacity, Capitol, and Collateral-ANSWER-What do creditors use to approve loans? Par Loan-ANSWER-A loan that is made at the current market rate of interest. Origination-ANSWER-The process of creating a new mortgage loan, including all steps taken by a lender, to attract and qualify a borrower. Mortgage Broker-ANSWER-Typically functions as a middleman between the borrower and the lender, negotiating, selling, or arranging loans to be delivered to larger investors Mortgage Banker-ANSWER-Entities which provide their own funds for the purpose of providing mortgage financing. Correspondent Lender-ANSWER-These lenders typically extend loans with their own funds, at their own risk. Underwriting Suscribir-ANSWER-El proceso de evaluación de la solicitud de préstamo de un prestatario para determinar el riesgo que implica para el prestamista. The process of evaluating a borrower's loan application to determine the risk involved for the lender. Monetary Policy-ANSWER-The maintenance of a stable money supply that provides for growth in the economy while keeping inflation in check. The Federal Reserve is responsible for Monetary policy in the U.S. Fiscal Policy-ANSWER-Federal Government spending