borrower in a sentence
Example sentences for borrower
In many situations, such as the earthquake, it is obvious the borrower is not going to be able to repay.
In effect, it could sell the risk that a borrower won't be able to pay back his debt.
They felt also that a flier did not have the sense of values which was required of a borrower.
For such kind of borrowing as this, if it be not bettered by the borrower, among good authors is accounted plagiary.
For if you reduce usury to one low rate, it will ease the common borrower, but the merchant will be to seek for money.
This, it seemed, usually aroused the jealous suspicions of the next borrower.
All of these devices were intended to allow an immediate reduction in the debt-servicing costs of the borrower.
Then they asked the student-loan borrower on the panel questions to draw out his story.
Extended terms and capitalized interest add up to lots of borrower liability.
They were urged to work with campus registrars, enrollment officers, and development offices to keep borrower addresses current.
Some would move everyone to the system, while others would convert to it only if the borrower stopped making payments.
And all of these penalties are incurred without the lending company informing the borrower that such penalties are in play.
But when a borrower lowers the term of their mortgage, their payment amount rises.
It is no longer as easy as a bank wanting to make a loan and a borrower wanting a loan.
The only way to do that would be if you allowed the borrower to defer payments until employed again.
If the borrower has positive equity, however, the rate of default is much lower.
Right now, it's entirely based on what the lender says, while a borrower complaint is merely noted on the his or her report.
First, it will encourage good behavior on the part of the borrower to continue paying.
On paper, this would appear to sort of be the perfect type of borrower from the non-profit firm's perspective.
They might even demand a higher interest rate, if they worry about the risk you pose as a borrower.
But in order for that to happen, a mortgage broker may have first originated that loan, and charged the borrower a fee.
The borrower will also be paying more in closing costs or losing upgrades.
There's also the structure of the loan, which involves a lot of intensive interaction with the borrower.
That's because either they aren't a prime borrower and/or their mortgage is underwater.
Creditworthiness is ultimately based on a borrower's willingness to and ability to pay.
But the government could have convenient political advantages for providing that borrower a mortgage, despite the risk.
Every time a borrower chooses to strategically default, home inventory increases.
All would have to develop their own proprietary scores to compare one borrower to another.
To off-set the additional risk, the borrower must offer a higher rate of return.
Imagine if a broad database existed providing borrower statistics for each mortgage.
First, the lender needs to know whether a would-be borrower is a good risk.
As long as the borrower is determined to hold on to the collateral, he or she will probably go on servicing the debt.
However, it may be more difficult for them to do so if they are two or three removes away from the borrower in question.
Homeownership, which used to weigh positively on a borrower's creditworthiness, no longer casts such a magic spell.
It imposes costs on others that the borrower fails to take into account.
The intuition is straightforward: the saver must be induced to make up for the reduction in consumption by the borrower.
They dropped some of the covenants that gave lenders the right to act if the borrower's finances deteriorated.
One subprime borrower in eight is behind with the payments.
Rather than giving your money to a borrower who promises a negative return, it would be better to stick the cash in your mattress.
No wonder that the largest borrower of the world has let the world down.
But for every lender, there is also a borrower, encouraged to bet heavily by the record of private-equity deals.
Borrowed money is the same as a hired worker: it performs certain tasks the borrower needs to have performed.
It is also less than half the rate a moneylender would charge or what a poor borrower would end up paying for a bank loan.
And fees balloon if the borrower needs an extension, as many do.
Rates vary widely, depending on numerous variables specific to the borrower.
Credit is money that a lender gives to a borrower on condition of repayment over a certain time period.
And when a borrower begins the long process to restructure a loan, another clock begins ticking.
In hundreds of thousand of cases, the promissory note that proves a bank owns a borrower mortgage is now gone.
Handling the transaction between borrower and lender for a fee is a good one.
As its name implies, a bond is also a kind of contract that commits the borrower to give you all your money back down the road.
If a borrower defaults, there is no house to repossess.
Under these programs, a borrower's loans are paid off and a new consolidation loan is created.
The borrower returned to school and obtained a new loan.
The borrower must be a first-time home buyer which is defined as not having owned a home in the last three years.
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