Investors usually fund only part of a loan and spread their risk
across multiple borrowers.
Not exact matches
They don't always offer
borrowers choices as to how their payments can be applied
across multiple loans; for instance, extra payments can be applied toward high - interest loans to pay down student loan debt faster.
Its unique payment and closing cost calculator allows
borrowers to obtain rate quotes
across a variety of different loan structures, which helps users evaluate their potential transaction costs and monthly payments under
multiple point structures.
«While the focus in recent years has been on the mortgage market, lenders will need to keep an eye on student loan portfolios — and on customers who have student loan debt — as the high delinquency rates among these
borrowers can spell trouble
across multiple products.»
When you compare today's rates
across multiple lending institutions, you should bear in mind the concept of the «well - qualified
borrower.»
Diversifying
across multiple LendingClub Notes is important because if one
borrower doesn't pay back their loan, your investment loss may be offset by the other
borrowers that do.