Commercial Lending
Equivalent to 1/100 of one percent
What is a Basis Point
This email service is owned by Microsoft
What is Hotmail :)
What is Kramer’s first name on Seinfeld?
What is Cosmo
There are seven of these on Earth.
What is a continent
This "C" is defined by the borrower's willingness to live up their promise to repay debt. Also knows as their reputation, honesty & integrity.
What is Character
Formally the “capitalization rate,” is one method of valuing a property’s income generating potential
What is the Cap Rate
This number, one of the first 20, uses only one vowel (4 times!)
What is Seventeen
What day is Star Wars Day?
What is May the 4th
THE FRUITED PLAIN APPEARS IN THIS 1893 SONG
What is "America the Beautiful"
The ability of the borrower to operate the business successfully and generate the cash needed to repay obligations as they come due.
What is Capacity
The relationship between a business' annual income and its annual debt service
What is DSCR
According to C.S. Lewis, it was bordered on the east by the Eastern Ocean and on the north by the River Shribble.
What is Narnia
Who does Michael Scott hit with company property on company property in The Office?
Who is Meredith
Name the three countries that make up most of North America's land mass.
What are Canada, the United States, and Mexico
This is an investment by the principal(s) of a business to cover things such as start-up costs, acquire earning assets, and provide working capital.
What is Capital
Often referred to as “LTV,” this is the amount of money borrowed in relation to the total market value of a property. LTV is calculated by dividing the loan amount by the property value.
What is Loan-to-Value Ratio
An inch equals 2.54 of these
What are centimeters
Who is the oldest Kardashian sister
Who is Kourtney
Which North American river would you cross to travel from El Paso, Texas, to Ciudad Juarez, Mexico?
What is the Rio Grande
The economic and environmental influences on the firm's financial condition and performance.
What are Conditions
Often referred to as “OpEx”, this refers to the cash outlay necessary to operate and maintain a property. These could include real estate taxes, property insurance, property management expenses, utilities and legal or accounting expenses.
What are Operating Expenses
These are known as the 5 C's of Credit
What are Character, Capacity, Collateral, Conditions & Capital
What is the name of Chip and Joanna Gaines’ lifestyle brand?
What is Magnolia
An imaginary line encircling Earth halfway between the North and South Pole.
What is the Equator
This is the property pledged by the borrower to protect the interests of the lender.
What is Collateral