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In a table funding arrangement, who provides the funds at the closing table?

Loan Origination Activities · 27% of the SAFE exammedium

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Correct answer: A third-party source such as a warehouse lender, closing in the originator name

Table funding occurs when a loan is funded at closing by a third-party source (typically a warehouse lender) but closed in the name of the originating mortgage company. The loan is simultaneously originated and transferred.

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