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.

We hope that you've found our Mortgage and Real Estate Glossary helpful and informative. We welcome all comments, critiques and suggestions; please send emails to [email protected]. Remember that whether your are buying a home or an office building, you are investing in real estate. As with all investments, the best investors are those who can gather the most knowledge, tools and resources. Regardless of whether you use our lending services, please spread the word about our resource center to anyone you know who may benefit from our site.

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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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