Conservation areas exist to protect the special architectural and historic interest of a place-in other words the features that make it unique and distinctive. This page explains what it means to own a building in a conservation area.
BREAKING DOWN 'Warehouse Lending'. Loan originators depend on the eventual sale of a loan to repay the warehouse lender; therefore, warehouse lenders closely monitor each loan's progression with the originator toward its eventual sale.
Loan underwriters and processors serve an important function in the process of evaluating and approving loans and distributing their proceeds. After a loan application is completed and submitted, the loan processor reviews the loan application and attached documentation for completeness and accuracy.