What obligations do receiving banks have when confirming KYC and such other central bank obligations prior to recieving loan funds on behalf of a bank client
Tagged: commercial loans
Nov
22
What is the minimum information required in order to safely provide commercial loans overseas, patriot act etc?
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Nov
22
Can you take segmentary commercial loans from a bank?
Like take a small loan(let’s say $100-200) for starting the business very first stuff, and then take another loan after few months (of about $1,000-5,000) to buy the rest.
P.S. for a starting small business.
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Nov
22
If the commercial banking system actually loans the maximum amount it is able to lend?
If the commercial banking system actually loans the maximum amount it is able to lend:
A. reserves and deposits equal to that amount will be gained.
B. excess reserves will be $2.6 billion.
C. excess reserves will fall to $1.7 billion.
D. excess reserves will be reduced to zero
A. reserves and deposits equal to that amount will be gained.
B. excess reserves will be $2.6 billion.
C. excess reserves will fall to $1.7 billion.
D. excess reserves will be reduced to zero
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Nov
21
I need to get some information on commercial loans from a professional point of view(looking for work)?
Just info from people who work in the industry as processers or underwriters or supervisors in these fields. What are you looking for in a candidate to know about when applying for a job.
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Nov
21
How many point do lenders pay on commercial real estate loans?
I’m considering getting into commercial real estate loan brokering and I would like to find out how many point lenders usually pay on these types of loans. I know the amount can vary, but I’m looking fo a range so I can calculate my possible commission. For argument’s sake let’s say an average loan amount would be $2.5 million. But, any info on how the system works on loans larger or smaller than that would be helpful also. Thanks.
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Nov
21
Is there a site similar to Lendingtree.com for commercial loans?
I’m looking for a bank for a loan on commercial property for a term of 15 year at the best rate possible. I’m trying to find a single site that provides rates from multiple banks similar to Lending Tree. Does a site like that exist? Is there an easier way to search for this information without searching each bank’s individual sites?
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Nov
19
Do you need a license to broker commercial loans in the state of georgia?
I think the license requirement only applies to brokering residential loans, but I am not sure.
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Nov
19
Were can I find a company or mortgage broker that can find or finance small Commercial and Multi Family loans?
I am currently in the market to buy a five unit multi-family property listed at $180,000. Because it is considered a commercial property I’m having a hard time finding a lender that does commercial loans under $500,000. I should be able to put 20% down by drawing equity out of another propriety so I don’t foresee there being a problem financing it. I would appreciate any suggestions.
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Nov
18
Is there a difference on how commission splits are handled between commercial loans & residential loans?
I am looking to get into a mortgage career in California, and was wondering the difference between how commercial loans and residential loans commision splits are handled, since there is a larger amount of money people are borrowing between the two? ( if the is one) ….
If they vary between companies. Could I just get a basic example of each split? ( i.e. I know with Res. loans, you can make commision off of “points” or % of the loan), does that system work for Commercial as well with certain companies? Or is it something totally different?
If they vary between companies. Could I just get a basic example of each split? ( i.e. I know with Res. loans, you can make commision off of “points” or % of the loan), does that system work for Commercial as well with certain companies? Or is it something totally different?
2
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