Sentences with phrase «receives on a variable rate loan»

As with other forms of debt, the margin and interest rate that a borrower receives on a variable rate loan are heavily dependent on credit score, lender and loan product.

As with other forms of debt, the margin and interest rate that a borrower receives on a variable rate loan are heavily dependent on credit score, lender and loan product.

Not exact matches

Lenders use LIBOR and the Prime Rate as baselines for variable rate loans, adding a margin on top of the benchmark rate to calculate the rate received by a consuRate as baselines for variable rate loans, adding a margin on top of the benchmark rate to calculate the rate received by a consurate loans, adding a margin on top of the benchmark rate to calculate the rate received by a consurate to calculate the rate received by a consurate received by a consumer.

Everyone who is approved will receive one of two rates, depending on the loan product (fixed or variable) and repayment term you choose.