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.

What are the benefits for a lender participating in the Guarantee loan program?

April 26, 2017Benefits guarantee Lender loan program

0

Posted

What are the benefits for a lender participating in the Guarantee loan program?

1 Answer

0

Posted

The benefits are the reduced credit risk the guarantee offers on the financing of specialized facilities that may not have the hard collateral value to fully fund a project, loss protection, marketability of the loan note guarantee on the secondary market, reduced appraisal requirements, FDIC oversight, and Community Reinvestment Act credits.