The phrase "unemployed borrowers" refers to people who don't have a job and are also borrowing money from someone or a financial institution. They are individuals who are without employment but still have a need for financial assistance.
Sentences with «unemployed borrowers»
Lenders will be more willing to give unemployed borrowers a mortgage loan if they have a strong credit score. (totalmortgage.com)
The Department of Housing and Urban Development will offer interest - free loans to aid unemployed borrowers with their mortgage payments in 32 states through its Emergency Homeowners» Loan Program. (realtormag.realtor.org)
This sort of innovation must be working, because CommonBond has introduced a similar program, called «CommonBridge,» which matches unemployed borrowers to consulting opportunities at the company and aims to help them find new jobs. (lendedu.com)