Powered by LevrNAICS 522292: Real estate credit
NAICS 522292 is the industry code for real estate credit. Use it on loan applications, tax forms and registrations. Explore financing for professional services and start your application when you are ready.
What 522292 covers
Real estate credit businesses make loans secured by real estate, such as mortgage banks, mortgage lenders and commercial real estate lenders.
Included in this code
- Mortgage bankers
- Home mortgage lenders
- Commercial real estate lenders
- Reverse mortgage lenders
Not this code
- Mortgage brokers: see 522310 Mortgage and nonmortgage loan brokers
- Banks: see 522110 Commercial banking
- Loan servicing: see 522390 Other activities related to credit intermediation
Businesses that use 522292
Financing for this trade
Mortgage lenders fund loans with warehouse lines and sell loans into the secondary market. Lenders review net worth and licensing.
Apply for funding with AIIs 522292 the right code for a mortgage lender?
Yes, if you lend money secured by real estate and fund loans yourself. Brokers that arrange mortgages without funding them use 522310. Owners in this trade most often weigh it against 522310 (mortgage and nonmortgage loan brokers) and 522390 (other activities related to credit intermediation). The right choice is the activity that brings in the most revenue, used the same way on tax returns and loan applications.
What is the SBA size standard for 522292?
The SBA size standard for 522292 is $47M in average annual receipts. SBA averages total gross receipts over the last five completed fiscal years and adds in any affiliates under common control. A mortgage lender at or below that figure counts as small for federal small business contracts and other SBA size determinations, although lending and passive investment businesses are generally not eligible for SBA 7(a) loans.
How do mortgage lenders fund loans?
Warehouse lines from banks fund loans until they are sold to investors or agencies. Private lenders raise funds from investors. Lenders review net worth, licensing and loan performance. Expect lenders to ask for receivables and payables agings, recent bank statements and a debt schedule, which also help a broker match the request to the right lender quickly.
What does NAICS 522292 cover?
Real estate credit. Industry level code in NAICS 2022, under 52 Finance and insurance, 522 Credit intermediation and related activities, 5222 Nondepository credit intermediation, 52229 Other nondepository credit intermediation.
What financing do NAICS 522292 businesses use?
Equipment financing, working capital, SBA loans and invoice factoring are the products placed most for professional services businesses. Start an application and the AI matches the deal to lenders that fund this code.
Where do I put NAICS 522292?
On the SBA loan application, on federal Schedule C or Form 1120, on SAM.gov and state registrations, and on most lender applications. A business can report more than one code; use this one if it describes what produces most of your revenue.