4. Factors which affect loan security Flashcards
How can a property’s location and the effect of macro and local economic conditions impact a lender’s ability to advance a loan using the borrower’s property as security?
How can a property’s quality and physical condition, including deleterious materials or defects impact a lender’s ability to advance a loan using the borrower’s property as security?
How can a property’s functional and financial obsolescence – and the possibility of the property being put to alternative us impact a lender’s ability to advance a loan using the borrower’s property as security?
How can future cap ex requirements impact a lender’s ability to advance a loan using the borrower’s property as security?
How can key lease terms, including break options, impact a lender’s ability to advance a loan using the borrower’s property as security?