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propertyservicingloan

servicing


Identify the method by which a loan shall be repaid.

salary

The loan shall be repaid via the salary of the borrower.

rent

The loan shall be repaid via the cashflows generated by the property bought by the loan financing i.e. the repayment is materially dependent on cash flows generated by the property. See Basel Framework, CRE 20.79

business

The loan shall be repaid via funds generated from business, i.e. income generated from a shop bought.

pension

The loan shall be repaid via funds sourced from pension payments.