Lead Lender

Definition

  • A financial institution that governs or leads a financial consortium or syndicate to provide funds for mortgages.

Synonyms
arranger, syndicated bank facility, syndicated loan

Related Terms and Acronyms

  • Bank Definition,
    • An institution that acts as a financial intermediary by receiving money from depositors and lenders and also lending to borrowers.
  • Credit Definition,
    • Money that a lender gives to a borrower on condition of repayment over a certain period.
  • Lender Definition,
    • The bank or mortgage company offering the loan.
  • Loan Application Definition,
    • A document in which a prospective borrower details his or her financial situation to qualify for a loan.
  • Loan Processing Definition,
    • The steps taken by a lender to convert a loan application into an approved loan for the potential borrower. These steps include processing the application, conducting a credit investigation, evaluating the loan, etc.
  • Mortgage (mtg) Abbreviation, Important,
    • A mortgage is a contract stipulating a specific real property, typically a residence or building, as collateral for a loan. The mortgage incurs a rate of interest that varies according to term and other features.
  • Mortgage Application Definition, Very Important,
    • A document in which a prospective borrower details his or her financial situation to qualify for a loan.
  • Mortgagee Definition, Important,
    • The lender in a mortgage transaction.
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