Sentences with phrase «guarantees a portion of each loan in»
The Department of Veterans Affairs oversees the program and guarantees a portion of each loan in case of default.
https://www.veteransunited.com/ Not exact matches
The FHA does that by assisting mortgage lenders in making loans by guaranteeing a portion of the balance.
Private mortgage insurance guarantees a portion of the loan that t the buyer did not make as a down payment in a conventional loan.
Veterans Administration: The government agency that offers benefits to Military Veterans and in the case of home loans, offers a guarantee that a portion of the loan will be repaid if the borrower defaults.
BND can participate in a SBA guaranteed loan by purchasing the guaranteed portion of the promissory note.
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.
The loan guarantees would cover part of the $ 14 billion in financing needs; Japanese export loan guarantees would cover another portion.
In one deal, he says, the prospective buyer was deemed not creditworthy by the lender, so Ritter convinced the seller to guarantee a portion of the loan.