Prospective borrowers often submit loan requests directly to lenders. however, commercial loan requests can also be submitted through another channel in which a permanent lender agrees to purchase loans or consider loan requests from a mortgage banker or broker. this type of business relationship is more commonly referred to as a(n):
a)correspondent relationshipb)joint venturec)sale-leasebackd)installmen t sale
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Prospective borrowers often submit loan requests directly to lenders. however, commercial loan reque...
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