an arrangement in which a lender makes a loan to a borrower and then sells, assigns, or otherwise transfers all or a part of the loan to a purchasing financial institution
A mortgage loan made by two or more lenders, or a mortgage loan made by one lender in which one or more other lenders have purchased interests.
A loan funded by more than one lender and serviced by one of them.
A large loan made by a group of lenders, that enables a borrower to obtain financing above the legal lending limit of an individual lender.
A loan made or owned by more than one lender; the joint investors share profits and losses in proportion to how much of the loan each owns.... read full article
A financing arrangement in which a mortgage lender receives a portion of cash flow, gross revenue or shares of ownership of a real estate venture as a part of the loan. Also called a kicker.
Generally a long term, permanent loan in which the lender receives other consideration in the form of equity sharing or shares the profits in addition to receiving the regular mortgage payment.
A loan in which more than one lender or more than one borrower has an interest; a loan in which the lender receives partial ownership in the enterprise that is being financed.
A mortgage loan in which one institution makes the original loan and one or more other institutions purchase an interest in that loan.
A loan in which a group of lenders collectively act as a collaborative unit to provide financing.
A large loan that has one or more banks contributing to the sum of the loan. Legally, a bank may not lend more than a fixed percent of its capital and surplus to an individual borrower. To service a large loan, a bank invites other banks to participate. Each bank lends a portion of the amount to the borrower through the main bank. Participation loans make it possible for large borrowers to get bank financing when the amount involved exceeds the legal lending limit of an individual bank. A bank may sell all or part of a loan to reinvest in additional loans.