"To insure the loan" means to provide a guarantee or protection to the lender that if the borrower is unable to repay the loan, the insurance will cover the losses.
Sentences with «to insure the loan»
This program is open to first - time homebuyers, trade up and trade down borrowers and provides a 30 - year, fixed - rate government insured loan with no points. (nj.gov)
This means it's only possible for borrowers who have outstanding federal loans or are part of a federally insured loan program. (studentloans.net)
This means it's only possible for borrowers who have outstanding federal loans or are part of a federally insured loan program. (studentloans.net)