Mark Horner

52 Finance and Insurance

522292 Real Estate Credit

This industry comprises establishments primarily engaged in lending funds with real estate as collateral.

Illustrative Examples:

Home equity credit lending
Mortgage companies
Mortgage banking (i.e., nondepository mortgage lending)

Average Jobs Employed 21
Average Loan Given $334,276
Number of Loans Given 1706
Total Amount Loaned $570,275,600

Servicing loans are classified in Industry 522390, Other Activities Related to Credit Intermediation;

Arranging loans for others on a commission or fee basis are classified in Industry 522310, Mortgage and Nonmortgage Loan Brokers.

Accepting deposits and lending funds secured by real estate are classified in Industry Group 5221, Depository Credit Intermediation.