Syndication

A group of individuals or companies who join together to pursue a limited investment purpose. It is also the act of obtaining mortgage financing for one project from a group of institutions. Many commercial lenders will syndicate with other institutions when financing a large commercial project, so as to avoid absorbing the entire risk exposure for the loan.

In the real estate industry, syndications are often limited partnerships formed to operate a real estate investment. The general managing partner is the syndicator.

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If you would like to obtain a mortgage loan preapproval to determine your optimum loan qualification, please complete the Preapproval Application form. We will obtain a preliminary approval for you, based on the information you provide in the application. There are no obligations on your part; you may decide to cancel at any time until the closing, and even until three days after the closing with refinances of owner-occupied properties.

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