Posted By: dhutson
Eliminating Ceiling - 06/10/21 05:10 PM
Our bank is working on revising the Real Estate Rate sheets and they have proposed eliminating the ceiling on our Real Estate loans on loans we originate going forward. For some reason, I thought there was a requirement of some kind to have a ceiling on real estate loans, but I can't find it.
Is there a reg that requires a ceiling on real estate loans? If not are there other considerations management should be aware of before they eliminate the ceiling?
Is there a reg that requires a ceiling on real estate loans? If not are there other considerations management should be aware of before they eliminate the ceiling?