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Question 1 of 4
1. Question1 point(s)
Institutional financing refers to ____________ _____________ offered by an institutional ___________ which can be either __________ or __________ regulated.
Institutional financing refers to offered by an institutional which can be either or regulated.
Question 2 of 4
2. Question1 point(s)
What is one benefit of institutional financing for real estate investment?
Question 3 of 4
3. Question1 point(s)
Categorize the components of A lenders and B lenders.
- Big 5 Banks
- Federally regulated, chartered bank
- Governed by OSFI (Office of the Superintendent of Financial Institutions)
- Mandates borrowers to pass the “stress-test”
- Most popular option for new investors
- Smaller institutions or even subsidiaries of a larger bank
- Also called MFCs (Mortgage Finance Companies)
- Aren’t always federally regulated
- Will lend to individuals with lower credit scores, fluctuating income, and immigrants
- Generally require 20% down payment
A Lenders 1:
A Lenders 2:
A Lenders 3:
A Lenders 4:
A Lenders 5:
B Lenders 1:
B Lenders 2:
B Lenders 3:
B Lenders 4:
B Lenders 5:
Question 4 of 4
4. Question1 point(s)
Institutional financing is the most common place for investors to start because institutional lenders are easy to find across the country