Institutional Lender

Definition of "Institutional lender"

Financial intermediaries who invest in deeds of trust and mortgages, and hold them in their own portfolio.
Large financial firm that uses depositors' money to lend to borrowers. Examples are commercial banks and savings and loan associations. Mortgages are a common form of financing. There are stringent government regulations over the activities of institutional lenders.

Search Real Estate Glossary

Related Real Estate Glossary terms

Allocated Benefits

Payments in a defined benefit plan. Benefits are allocated to the pension plan participants as premi ...

Lease Agreement

A contract between a lessor and a lessee to use property for a specified time period at an agreed to ...

Subdivider

Individual or entity that divides up a large piece of owned land into smaller pieces generally for t ...

Face Brick

It is an exterior decorative brick surface. The brick is not rendered. Painted, or plastered and i ...

Personality

person's behavior partly genetic and partly learned through experience over time. Some people have g ...

Retired Lives Reserve

Employee benefit insurance plan whose objective is to provide the retired employee with life insuran ...

Related Real Estate FAQ

What Is A Loan Origination Fee?

A loan origination fee is a fee charged by the lender-usually 1 percent of the loan amount. ...

What Is A REALTOR®?

A REALTOR® is an agent or agency that belongs to the local or state board of REALTORS® and is affi ...

What Is An Origination Fee?

An origination fee is a fee paid to a lender for processing a loan application. ...

What Is An Adjustable-rate Mortgage (ARM)?

A type of mortgage in which the interest rate is keyed to a certain economic index and is adjusted a ...

What Is A Commitment Letter?

A commitment letter is a formal offer of a loan by a lender. The letter states the terms under which ...

What Is A Proprietary Lease?

A proprietary lease is lease used for co-ops that give the shareowners the right to live in a partic ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews

Agents join here

Add our widget on your Website

Real Estate Advice

How is Square Footage Determined? What is Hazard Insurance? What do Real Estate Attorneys do? 6 Reasons you are not selling properties What is Earnest Money

FAQ

What is a cap? What is a down payment? What happens when you prequalify? What is an index? What are the Benefits of Liability Insurance?