Definition of "Institutional lender"

Charles  Chauvin real estate agent

Written by

Charles Chauvinelite badge icon

Keller Williams Leading Edge

  1. Financial intermediaries who invest in deeds of trust and mortgages, and hold them in their own portfolio.
  2. 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.

image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Real Estate Terms

People often use the term in their everyday discourse, yet many wonder what the meaning of common law genuinely implies. Common law refers to a system of jurisprudence based on court ...

Expenditures pay by the owner of house to keep and maintain it including real estate taxes, interest on a mortgage, repairs and maintenance, and capital additions (e.g., new roof, new ...

System of interconnected pipes, radiators, and/or ducts designed to heat a building utilizing a main heating unit. The system is controlled through a thermostat that regulates the ...

Economic policies designed to reduce the fluctuation in the business cycle. An example is Federal reserve monetary policies. An attempt by an underwriter to prevent a market price of a ...

Ownership interest in property that is above the minimum needed to meet uncertainties or a downward trend in real estate market. ...

Charges billed for services rendered. They may be on a flat basis or on an hourly rate. ...

Periodic expenditures undertaken to preserve or retain a property's operational status for its originally intended use. These expenditures do not improve or extend the life of the property. ...

national trade association of people engaged in the mortgage banking business, dedicated to the betterment of the mortgage banking industry through education, legislation, and high ethical ...

Lien on a given property, such as an person's house as a collateral for a loan. ...

Popular Real Estate Questions