What is lender?

  • (noun): Someone who lends money or gives credit in business matters.
    Synonyms: loaner

Some articles on lender, lenders:

Kinds of Loss Mitigation
... Loan modification This is a process whereby a homeowner's mortgage is modified and both lender and homeowner are bound by the new terms ... the Federal Reserve wrote in a report that they could find no evidence that lenders were reducing principal balances on mortgages ... Short sale This is a process whereby a lender accepts a payoff that is less than the principal balance of a homeowner's mortgage, in order to permit the homeowner to sell the home for the actual market value of the ...
Mortgage Repossession
... Once the lender has obtained possession, it can then sell the home to recoup any lost arrears ... legal proceedings in which a mortgagee, or other lienholder, usually a lender, obtains a court order for possession of a property, prior to exercising the mortgagor's equitable right of redemption ... Usually a lender obtains a security interest from a borrower who mortgages or pledges an asset like a house to secure the loan ...
Mortgage Packagers
... put together a complete case for a mortgage loan before it is submitted to the lender, reducing the risk of rejection from the lender ... A packager is also able to get exclusive mortgage deals directly with lenders that are not available to the individual and smaller brokers ... The mortgage application forms are then sent directly to a lender on the buyer's behalf ...
Construction Loan - Underwriting of Loans
... Almost all lenders are concerned that their money lent is repaid, so underwriting of construction loans usually focuses on how that might occur ... use, or an investor building a property to rent out, the fundamental guideline is for the lender to imagine once the loan has been fully extended and ... In the case of the individual, where the lender attempts to predict whether the individual can pay each month the loan payment that would occur once the person moves into the house, the lender would ...
Commercial Lender
... Whilst nearly all lenders offer loans on a commercial basis the term commercial lender has differed meanings around the world ... In much of the world and especially in the UK, the phrase commercial lender refers to a lender arranging commercial loans especially commercial mortgages ... In the UK it is generally taken to refer to a lender who lends to businesses rather than individuals ...