Regal Financial Institution specializes in home loans. What type of financial institution is it? savings and loan bank credit union brokerage firm

Respuesta :

Regal Financial institution is a Savings and loan bank. Conventionally,S$L must have a Mortgage dominant of over 65%.

S&L are typically suitable for home loans than commercial banks because they have lower borrowing rates. their emergence was neccessitated by the exclusivity of commercial banks.

savings and loans  is the way to go