Sentences with phrase «especially if the borrower defaults»
The depth of experience of a reputable mezzanine financing provider can be advantageous for senior lenders, especially if the borrower defaults.
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If the borrower has low credit, the creditor charges a higher interest rate premium due to the risk of default, especially on uncollateralized debt.
Mortgage underwriting is the process a lender uses to determine if the risk (especially the risk that the borrower will default [1]-RRB- of offering a mortgage loan to a particular borrower is acceptable and is a part of the larger mortgage origination process.