Sentences with phrase «much less risk to the lender»

They are usually easier to get because the Government insures the loan so that there is much less risk to the lender.

Not exact matches

At a loan - to - value ratio of 70 % to 80 %, lenders are much more likely to extend credit — as they are taking less risk.

In practise though, lenders aren't so keen on that scenario, they would rather have shareholders sharing the risk, and lending a less than 100 % proportion of the total of a companies finance means they are much more likely to get their money back if things go horribly wrong.

A mortgagor or a car lender is much less interested in your revolving credit balance than a credit card company, who might see you as a bit of a risk if you've not used credit cards for a long time and suddenly asking for a card might be a sign that you just got laid off (or simply are going to change your behavior).

Because of this increased risk, a lender is less likely to approve as much as a secured loan.

Those with credit scores over 730 are considered to be much less of a risk for lenders.

Statistically, once you have at least 20 % vested in the house, you're less likely to walk away, and you're a much smaller risk to the lenders.

Loans that fail to qualify as QMs would be less available and far costlier because lenders and investors would face a much greater risk of violating the terms of the new ability - to - repay requirement.