The other factors that determine the individual rate that the borrower will pay is based on credit history, size of the loan amount, loan type, and loan term. (vahomeloancenters.org)
Naturally, the unpaid interest gets added on to the principal, making size of the loans larger, thus increasing chances of foreclosure. (jeffadams.com)
Loan - to - value ratio is a simple way for lenders to determine the relative size of a loan. (valuepenguin.com)