Sentences with «to guarantee a portion of the loan»
Private mortgage insurance guarantees a portion of the loan that t the buyer did not make as a down payment in a conventional loan. (sapling.com)
The VA guarantees a portion of the loan amount to the lender in case of default to lessen the risk and enable them to offer veterans more favorable loan terms than they could otherwise qualify for. (lowvarates.com)
However, the U.S. SBA guarantees a portion of the loan, usually 50 % to 85 %, depending on the loan program. (homestreet.com)