The home is security for the loan.

A lender is any business organization, person, or group of persons who loan money for the purchase of a home. The home is security for the loan. Lenders will charge interest on the loan and agree with the borrower on the interest rate, payback time frame and frequency.
Post a Comment

Popular posts from this blog

Be careful before you buy the so called free beauty samples

Freehold Two-Storey & Rear Lane Townhomes Will Soon Be Available In The Preserve, Oakville - View Floor Plans Today.