Sentences with phrase «risk on behalf of the borrower»

This is because the federal government backs all VA Loans and assumes the risk on behalf of the borrower that is typically covered by the PMI.
This is because the federal government backs all VA Loans and assumes the risk on behalf of the borrower that is typically covered by the PMI.

Not exact matches

Lenders now understand that few people may be willing to take such a risk on somebody else's behalf, and also know that not every borrower knows somebody in such a position to qualify for the role of guarantor.
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