Sentences with phrase «historically good borrowers»

However, most lenders have no incentive to foreclose on historically good borrowers with good credit and will often work with a home owner to arrive at an equitable solution.

Not exact matches

Laird said historically borrowers who have chosen the variable rate mortgage have done better than those who have opted to lock in their rate.

MBA noted that many loans, particularly the best performing ones, were refinanced well before their balloon dates so borrowers could take advantage of historically low interest rates.