SIC Code 6162-01 - Real Estate Loans
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Total Companies
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SIC Code 6162-01 Description (6-Digit)
Real Estate Loans is a subdivision of the Mortgage Bankers and Loan Correspondents industry, which involves providing loans for real estate purchases and refinancing. Real Estate Loans are typically secured by the property being purchased or refinanced, and the loan amount is based on the value of the property. This industry includes a range of financial institutions, such as banks, credit unions, and mortgage companies, that offer a variety of loan products to individuals and businesses.
Hierarchy Navigation for SIC 6-Digit Code 6162-01
Parent Code (less specific)
Tools
- Loan origination software
- Mortgage calculators
- Credit scoring models
- Automated underwriting systems
- Loan servicing software
- Appraisal management software
- Document management systems
- Compliance management software
- Electronic signature software
- Customer relationship management (CRM) software
Industry Examples of Real Estate Loans
- Residential mortgages
- Commercial mortgages
- Home equity loans
- Construction loans
- Bridge loans
- Refinance loans
- Land loans
- Reverse mortgages
- Multifamily loans
- Small business loans
SIC Code 6162-01 - Real Estate Loans
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