CC_S_201.3 Commercial/Multifamily Sources of Funds

Mortgage bankers, brokers, and direct lenders have a choice of capital funding sources. These sources compete for business based on price, service, loan terms, and relationship.

CMF Sources of Funds examines funding sources in commercial/multifamily real estate finance. It begins with a look at the factors that contribute to the selection of funding source for a particular loan, including borrower needs and preferences, lender offerings, and how investors influence the process. From there, the course takes an extensive look at the different funding sources available, including investment banks, commercial and savings banks, life insurance companies, Ginnie Mae, FHA, and the government-sponsored enterprises (GSEs). The course explores what makes each of these attractive as funding sources as well as their implications for the commercial/multifamily servicer.

This is a commercial/multifamily course.