18-21.An independent third party that is a specialist in monitoring the disbursement of the loan to the proper contractors is a:
A) construction loan administrator
B) construction loan processor
C) voucher control agent
D) institutional lender
Correct Answer:
Verified
Q32: 18-22.For an ADC loan the lender's yield
Q33: 18-25.ADC financing is done primarily:
A) by institutions
Q34: 18-36.Loan-to-Value ratios for commercial projects are usually:
A)
Q35: 18-35.Release provisions written into ADC loans are
Q36: 18-31.The city or county where the development
Q38: 18-38.Instead of buying land outright developers may
Q39: 18-30.A rolling option would most likely be
Q40: 18-27.Land loans will rarely exceed 60% of
Q41: 18-45.When a developer puts up only a
Q42: 18-48.When a lender requires a borrower to
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