How to use lender in a sentence

Looking for sentences and phrases with the word lender? Here are some examples.

Sentence Examples These repayments do not include mortgage interest tax relief which, from January 1, will be deducted at source from your repayment by the lender. However, securitization may not get a lender completely off the hook in the eyes of credit analysts. In place of the bank lender, the master servicer now holds the power to rework the loans. Should I pursue a claim for mis-selling against the lender, the person who advised me, or the insurance company? Any lender offering loans above 23 per cent APR must apply to the regulatory authority for a moneylending licence. The lender would then sue and only be entitled to simple interest on the judgment. Indeed, for the cause of action to arise only when the lender realises his security would be a highly unattractive proposition. You need to call your lender if you're either underwater on your mortgage or behind and you need help. Every major mortgage lender and unsecured credit provider operates in this way. At the time, no other lender charged anything near that much for closing a mortgage account. Liu is the fourth top official of China's second largest lender to have been netted in Beijing's anti-graft campaign. The German mortgage market is quite fragmented and interest rates vary according to the type of mortgage lender. Conventional thinking still has it that non-banks are only intermediaries that accept money from a lender and provide it to a borrower. Monthly payments to the lender go only towards the interest, not the principal. The new list has been drawn up by the Halifax, Britain's biggest mortgage lender, and is dominated by towns in the north. Britain's biggest mortgage lender was haemorrhaging customers, unable to even compete in its own core market. The lender should also be ashamed that it took no effective steps to help the couple. The lender typically pays 30 to 40 hundredths of a percentage point less than a bank would. Armed with this knowledge that the museum is such an open-handed lender, I intend to drop by sometime myself to see what's on offer. Why limit yourself to dealing with a single lender, when there are so many eager suitors for your business? Show More Sentences They should be promptly and cheerfully paid in full with much sincere gratitude toward the lender. Britain's biggest mortgage lender Halifax said the rate at which homes were being built had failed to keep pace with demand. If you can switch your home loan without paying a hefty penalty, demand a better deal from your lender. This is a complete illusion, as you're not clearing your debt, you're simply parcelling it up and handing it to a different lender! The fund operates as a lender of last resort for businesses that cannot raise finance from another source. The lender will usually come up with its own estimate of rental income, which tends to be more realistic than the sales patter of letting agents. After destruction of the property by fire, the insurer repaid the hypothecary loans to the lender. By way of analogy, an offer to lease would similarly not bind a mortgage or hypothecary lender. The rebellion in him was ignited when at the instigation of a money lender, his father was murdered. Only she turned out to be working for this money lender, who reckons I owe him a small fortune in interest now. When the mortgage came due this year, the lender asked the worker-landlords to pledge personal assets as collateral against a new five-year loan. The airline couldn't secure an outside lender because almost all its assets are being used as collateral for existing loans. It is merely intended as an indulgence offered by the lender to the borrower. The association suggests that the lender withdraw from the decision-making process if a conflict of interest is perceived. Then, in 1999, the lender suggested that the single mom consolidate her two mortgages into one. This policy pays a lump sum to the mortgage lender to pay off your home loan so your family does not get any cash payment directly. Instead of a single lock-in price, the lender sets a price range with a floor and ceiling. In recent weeks, the mortgage lender has given back some of its gains, after it posted an exceptional half-year set of results. Rather, she would be able to pay off the lender if you don't pay, and then she could go after you and foreclose on the house. Please note that the lender foreclosing on the property provides the minimum bid. Show More Sentences He cultivated the land, but a big share of the crop went to the money lender. The lender trusts the debtor will be able to pay the principal and interest on time. If your lender violated state laws, regulators can force the lender to forgive the entire principal and interest on the home loan. If we later find that a defaulted loan has an underwriting deficiency, we may ask the lender to repurchase the loan. Although called a charge, the lender is deemed to be in the same position as if he had been granted a mortgage by demise. In fact, about four-fifths of your premium is gobbled up by the commission that your lender creams off. Be aware of your purchasing power and remind the lender that other competitors are keen for your business. It is not in borrowers' interests for them to become worried and distrustful of their lender. The lender collects the payments and holds them in escrow until the taxes are due to be paid. A lender doubtful of the borrower's ability to repay may take security over some or all of the company's assets. A lender who advanced money to its customers on this basis would be out of business fast once the economy worsened. I check to see what the best rates are and challenge my lender to keep my business by giving me a better deal. If the property seller still owes money on the home, a wraparound mortgage is a way to finance the purchase without going through a lender. And mortgage brokers are now reiterating the basic premise that any loans will affect the size of a mortgage a lender will allow. This type of insurance protects the lender in the event the borrower is unable to repay the loan. Of course, the federal government is duty-bound to repay you, the lender, as prescribed by the debt obligation. With a car loan, for example, the lender may demand payment instead of repossessing the car. If something prevents you from meeting your payments, your lender can repossess your home and sell it to pay off your debt. When a lender forecloses and repossesses a piece of property for failure to make payments, what are the legal consequences for the borrower? The client could run out of money and the lender could be left with a partially completed house. Show More Sentences So, if you fail to make your mortgage payments, the lender can sell the house in order to get their money back. The interest rate that the borrower is charged for the loan is the rate the last lender to supply money has agreed to lend at. You may be refused if the lender decides that you have too much outstanding credit. An indemnity bond is a type of insurance that protects the lender from negative equity. As a lender, a bank will have the usual right to bring a personal action against the debtor on his promise to repay. Ask the lender or broker to show you exactly how much the interest repayments will be in years one to five. You can either go direct to a lender or try a mortgage broker who will scour the market for you. If you're interested in getting a reverse mortgage, make sure you deal with a reputable lender. Critics last night welcomed the move but baulked at the idea that the lender has had a 'Road to Damascus moment' over its ethics. Until recently the lender, based in the Lombard city of Lodi, was notable only for its acquisitions of much smaller players. The company told the inquiry that no commercial lender would support such a loss-making business and it would be forced into liquidation. In fact, I'd be paying the majority of my take-home pay to my mortgage lender for quite some time! In five years time, mortgages will have become portable products with no loyalty to the lender attached. These loans are issued by the federal government, instead of through a third-party lender. Over the past few years, our dependence on China as a lender has declined in both absolute terms and in relative terms. Relying on China as a lender will reduce our freedom of movement, harm our values, and diminish the country. It refers to the premium that must be paid by the borrower to the lender along with the principal amount as a condition for the loan or an extension in its maturity. You'd be miles better off remortgaging with your existing mortgage lender, getting an unsecured personal loan or, even better, snowballing your unsecured debts. The cheaper option if illness, accident or redundancy strikes, is to get in touch with your bank or other lender and arrange to reschedule your loan repayments. Should you decide to borrow in Florida your lender may include property taxes in your monthly mortgage payments and put them in an escrow account on your behalf. Show More Sentences Payment protection policies are expensive and unnecessary for many people, who can easily renegotiate their loans with their lender if they run into difficulties. If the lender forecloses the deed of trust out of court, the lender has chosen one action and may not bring a lawsuit to recover a deficiency, which would be a second action. To get this money, a service member must give the lender a post-dated check that includes the amount of the loan plus interest at a rate of about 300 percent. The safest course may well be for the lender to express its proposals for rehabilitation of the company in the form of conditions for continuation of its support. If the borrower fails to make their payments then the lender forecloses on the property, takes ownership of the home, and then sells it to the public. In many states, the lender can repossess your car without as much as a telephone call or written notice if you fall behind on one monthly payment. Lewis is retired, and Thain has reinvented himself as CEO of the reinvented lender cit Group. The size of any windfall is crucial to borrowers who are deciding which way to vote because they will have to pay higher mortgage bills if the lender demutualises. An indemnity bond is a premium charged by the lender and paid by the customer to insure the lender against a default in mortgage repayments by the borrower. She contacted her lender, which helped her avert foreclosure. In most cases a judge will attempt to help both the borrower and the lender reach an agreement about how the outstanding debt can best be discharged. A merchant bank, venture capital firm, or conventional lender that is unfamiliar with a business will find it more difficult to assess risk and will be less accommodating. This can involve paying a fee to the lender, depending on the length of the lock-in period. Once a client transfers from a bank or typical asset-based lender to a merchant bank, it's common that their business gains significant momentum. In addition, a down payment allows a lender to charge a lower interest rate on the loan. Slovenian finance and tourism company, Sava, has been asked to sell a stake it holds in domestic lender, Gorenjska Banka. His communicative style attracts mortgage talent to succeed for EMM, a privately held independent mortgage lender with a national client base. Portuguese lender, Millenium BCP would be pulling out of Russia as part of its restructuring agreement entered into with the European Commission. It is still possible to get a remortgage deal with low interest rates, and with no cost, to transfer to a new lender. There is, paradoxically, no lender of last resort and no liquidity backup for income-producing capital assets. Show More Sentences The Bank also acts as the bankers' bank, especially in its capacity as a lender of last resort. Abuzaakouk pointed out the lender has enough cash in hand to grow both organically and inorganically. The Master Promissory Note is an agreement between the lender and the borrower that promises to repay the loan. Extension options include extended payment periods offered by the original lender and federal loan consolidation. This provided a credit risk free loan for the lender, averaging 7 percent a year. The lender must balance the return on the loan with the risk of default for each loan. If the mortgagor lacks any necessary papers, the ARMs auditor will normally obtain them from the lender. Profit sharing and venture capital where the lender is also exposed to risk is acceptable. All three are part of the Halifax Bank of Scotland Group, Britain's biggest mortgage lender. There was a certayne lender, which had two detters, the one ought five hondred pence, and the other fifty. If a man lend his horse to another and the borrower is injured, the lender is liable. They were the fault of the lender, the borrower, and the regulator. With the approval of a tugrik loan, the lender has reiterated its commitment to expand local currency financing in Mongolia. The lender had argued that a formal lawsuit must be filed in order to obtain the rescission relief requested. When a consumer sells a home or refinances, title to the property must be reconveyed from the prior lender. Hutchens said that more often than not, TILA rescissions are sought as legal leverage over the servicer or lender. Upon signing up a deal with a loan shark, the borrower understands that the lender keeps a stranglehold on him. In his new role, Pagnani will focus principally on structuring lender and rediscount finance transactions. The shares auction of Ethiopian lender, Bank of Abyssinia, attracted bids, some of which were 224 percent over the par value. You are in fact a lower-risk borrower than it may seem to a distant lender, who evaluates you based on the job title written on your paystub. Show More Sentences Previously the lender became the first in the industry to introduce exclusive Gold Point branches for offering gold loans. With this term renewal move, Barry Whiteside, the Governor of the Reserve Bank of Fiji, will serve the lender in the same capacity for another three years. If not, you could save money by remortgaging with another lender. Policy may also encourage lender renegotiation by giving more bargaining power to borrowers in these instances, through legal procedures such as bankruptcy and cramdown. Gabonese lender BGFI Bank SA, which operates in 10 countries, plans to open in Senegal in June after winning a banking license in the West African nation. But now anyone who has a gripe with a lender can simply go to resolver. Through this feature, we are able to help partner brokers who may be struggling to create a compliant GFE that is likely to be accepted by a lender. Although they don't carry the same legal weight a contract would, letters of intent are commonly used, oftern to convince a lender of a project's viability. The Washington-based lender approved the EFF in September to help the struggling nuclear-armed country achieve economic reforms, particularly in its troubled energy sector. Bankers at Industrial and Commercial Bank of China, considered to be the country's largest lender, were censured for their subpar and deviant performance. The lender of a thing for use must indemnify the borrower for damage caused by defects or vices in it, which he knew at the time of lending, and concealed from the borrower. House lettings are holding up despite fears that the buy-to-let boom could be running out of steam, according to specialist lender Paragon Mortgages. This caused Countrywide's financial condition to deteriorate, ultimately resulting in a decision by the Office of Thrift Supervision to seize the lender. In November 2014, Moldova's central bank took control of Banca de Economii, the country's largest lender, and two smaller institutions, Banca Sociala and Unibank. The lender temporarily gives money to somebody else, on the condition of getting back the principal amount together with some interest or profit or charge. The rich ruleth over the poor, and the borrower is servant to the lender. Ranked as the fourth largest lender in Australia, ANZ may become the biggest strong bidder for KEB with its strong track record in foreign exchange and corporate lending. The total fees are typically up front moneys paid by the borrower to the Lender or Mortgage Broker or both. The Borrower undertakes with the Lender to use each Advance for the purposes stated in the preamble to this Agreement. Lender sank three foul shots at a crucial time in the final quarter for a three-point cushion but it was edgeof-the-seat stuff all the way. Show More Sentences Mark Lender explores why ordinary folk became insurgents against the British even though they were unfamiliar with the ideological rationales being offered. Examples from Classical Literature The promoter of an enterprise on borrowed capital is practically but the agent of the lender. For you must know Rutilius, himself a lender, was bantering Musonius for being a borrower. It is clear that it was an urgent matter if the Countess also went herself to the old money lender. Mayer Amschel Rothschild was not only a lender and changer of money, but he was also a student of coins. Detaining them in our possession longer than the lender had reason to expect. The operation was a hazardous one for the lender as well as for the borrower. A lender, as we know, must charge an interest rate that recovers the depreciated value of the dollars loaned. Banker and lender, Deepak Parekh, said on Tuesday that unidentifiable shell companies are being used to pay bribes. The only possible stumbling block to the plan was finding a lender willing to accept the proposed units as collateral. A loan binds the borrower to the lender though he pay no increase. The mezzanine lender is often referred to as a junior lender in terms of lien status. The borrower is called the mortgagor, the lender the mortgagee. Fremont structured this loan for a repeat customer, Fisher Development, and quickly secured a participant lender, Emigrant Savings Bank. Not that the hard money lender from across the river is complaining. Find more words! 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What is the opposite of lender? Words that rhyme with lender What is the plural of lender? What is the adjective for lender? What is the noun for lender? Translations for lender Use our Sentence Generator Nearby Words lend an ear lend a listening ear lend a helping hand lend a hand lend Lenard lenders lender's lending lend-lease act lends lends credence 6-letter Words Starting With l le len lend lende