Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Is there a limit on the number of loans that a MCCF member can originate?

limit Loans MCCF originate
0
Posted

Is there a limit on the number of loans that a MCCF member can originate?

0

No. The only limit is on the size of each loan that may be originated by a member from the Fund. Members are able to originate loans of up to 10 times the amount they have on deposit with the Fund. Because the MCCF works closely with the secondary market, there is no limit on the number of loans any of our members can sponsor individually, nor is there a limit on the total number of loans the Fund can originate during any given year. MCCF always has money to lend!

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123