"Loan applicants" refers to individuals or businesses who are seeking to borrow money from a bank or lending institution. They are the people who apply for a loan, meaning they fill out an application providing information about themselves, their financial situation, and how much money they want to borrow.
Full definition
Keep in mind, however, that two things are universal across
personal loan applicants: they have to be in good financial standing and the math should check out.
Understand more about the relationship between one's credit score and credit history and what home
mortgage loan applicants can do to improve their credit today.
Check Into Cash requires an active checking account from
loan applicants in order to provide payday loan.
We employ a «makes sense» approach to underwriting, which allows us to view
loan applicants as individuals rather than simply a collection of numbers and statistics.
The connection isn't obvious, and many business
loan applicants don't realize the insurance requirement exists until it's almost too late.
However, it's important for
jumbo loan applicants to understand that there are real advantages to applying with a local direct mortgage lender.
Most financial systems have been found to discriminate against
loan applicants based on a set of predetermined criteria.
Lenders are using tough standards to
screen loan applicants and are focusing most of their attention on low - risk lending to those with good to excellent credit scores.
Lenders may generally
ask loan applicants for this information but they can't make credit decisions based on it.
When a loan officer pulls the credit of a first
time loan applicant the result might not be what you expect.
According to a nationwide review of 10,000
loan applicants across 700 different industries, 82 % of loan applications from small businesses are turned down by a bank.
The first thing
potential loan applicants should know is that the answer depends greatly on several factors, but one of the most important ones is the nature of the bankruptcy filed.
Mortgage lenders would have to
give loan applicants their credit score and an explanation of the score and could no longer just advise them where to obtain the information.
However, from a banker's perspective, a newly formed corporation is a more
risky loan applicant than an individual with a home and other assets.
This was true even when people of color earned the same amount of money as
white loan applicants, wanted to take on the same size loan or buy in the same neighborhood.
As one of the fastest growing mortgage lead generators, we pride ourselves in matching
interested loan applicants with competitive lenders and brokers.
Moreover, loans to
beautiful loan applicants are bad investments because beautiful borrowers are much less likely to repay their loans than less attractive borrowers.
The Lead Planet has the ability to refer us thousands of
loan applicants daily seamlessly with premiere mortgage lenders that look to earn the borrower's home financing business.
Effectively managed risk by determining creditworthiness of
commercial loan applicants; analyzed range of financial data, including balance sheets, income / cash flow statements, budgets, and projections.
The rule, also known as the «ability to repay rule,» limits points and fees which lenders can
charge loan applicants.
ICICI bank offers cover for loan liability through which
personal loan applicants can insure their personal loan liability with «All Safe» Insurance with no extra cost.
So the community groups created «down payment assistance» programs designed to either lend or give certain qualifying
home loan applicants that last few percent so they could get their homes.
Phrases with «loan applicants»