Question

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

Answer 1

savings and loans is the way to go

Answer 2

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.