Your clients, the Schwans, are financing their home purchase. They want to obtain a conventional loan directly from a bank and to put down at least 20% of the home price. They will most likely get their loan from ______. Unset starred question A primary lender A secondary lender A subprime lender A supra-prime lender

Respuesta :

The fact that the Schwans want to obtain a conventional loan directly from a bank means that they will probably get a loan from a A. Primary lender.

Who are primary lenders?

Primary lenders are those that directly give out mortgages to people. In other words, they are the source of the mortgage loans.

Examples include banks and credit unions. If the Schwans want a loan directly from a bank, it means that they are going for a primary lender.

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