Sentences with phrase «risk involved for the lender»

This is due to the higher risk involved for the lenders when lending to people with past financial problems.

Secured Business loans require some asset to be used as collateral and usually carry less interest and present higher loan amounts due to the lower risk involved for the lender.

This option is more expensive because of the lack of collateral and the higher risk involved for lenders.

Home equity loans are popular in the lending industry because there is little risk involved for the lender.

Payday loans carry a high interest rate; this is due to the fact that there is a very high risk involved for the lender.

Homeownership modifies the risk involved for the lender on the lending process in several different ways and consequently, the interest rate is modified because it depends on the risk associated with the transaction.

This ideal credit score may be much higher than the credit score needed to finance a site - built home due to the risks involved for the lender.

What you need is to reduce the risk involved for the lender in the financial transaction.

The risk involved for the lender is a lot higher than with secured loans and that is the main reason why unsecured loans carry higher interest rates.

The interest rate charged for these loans are higher due to the higher risk involved for the lender.

This happens because there is no collateral securing the loan so there is a high risk involved for the lender.

The risk involved for the lender in this type of transaction is higher and so will be the monthly installments.

Since there is no asset securing the loan, the risk involved for the lender is higher and so, the interest rate charged for the loan will also be significantly higher.

Loan lenght is also determined by the risk involved for the lender and someone with many assets and good credit, even if he does not offer an asset as collateral, is a low risk prospect.

The risk involved for the lender is considerably lower as he can recover his money one way or another.

Any asset of certain value, such as an automobile or a house can be used as collateral which greatly reduces the risk involved for the lender and contributes to making it easier for the applicant to get approved while at the same time reducing the interest rate the borrower will have to pay.

Your credit score determines the risk involved for the lender in any financial transaction.

A cosigner will pay in case the main applicant is unable to carry out his promise, thus, the risk involved for the lender is much lower and so will be the interest rate charged for the loan.

Underwriting The process of evaluating a loan application to determine the risk involved for the lender.

This is due to the fact that the ownership of a property increases the overall credit of a person and thus, reduces the risk involved for the lender.

Underwriting The process of evaluating a loan application to determine the risk involved for the lender.

Underwriting The process of evaluating a loan application to determine credit worthiness and risk involved for the lender.

Underwriting The process for evaluating a loan's application to determine the risk involved for the lender.