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What Are The 3 Major Categories Of California Real Estate Lenders?

Mortgage brokers (often known as "mortgage bankers"), direct lenders (usually banks and credit unions), and secondary market lenders are the three primary categories of lenders (which include Fannie Mae and Freddie Mac).

What Are The 3 Major Categories Of California Real Estate Lenders?

What Are Three Categories Of Loans?

The lender establishes a fixed interest rate that you must pay in addition to the principal amount of the loan.
Home loan types of secured loans.
loan secured by property (LAP)
loans secured by insurance contracts.
loans in gold.
loans secured by stocks and mutual funds.
loans secured by fixed deposits

What Are The Categories Of Loan?

An amount of money that a person or business borrows from a lender is known as a loan. It can be divided into three basic groups: conventional, open-end and closed-end loans, and unsecured and secured loans. 6 May 2022

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