What is home lending?

Answer Home lending is when money is loaned to a borrower to purchase property or to refinance for debt consolidation, home improvement or some other purpose. When home lending takes place the property i... Read More »

Top Q&A For: What is home lending

What is subprime lending?

Subprime lending is a mortgage loan option that's available to high-risk borrowers who have either bad credit scores or a high risk of default. Lenders tend to charge higher interest rates to these... Read More »

What is consumer lending?

Consumer lending refers to loans made to an individual for household and family purposes rather than business usage. Consumer lending includes buying goods and services that will be used or consume... Read More »

What is prime lending?

Prime lending is made by a bank to its largest and best customers at the prime interest rate. This rate is the lowest short-term rate available. The prime rate is usually the same for all banks.Cre... Read More »

What Are FHA Lending Guidelines?

The FHA (Federal Housing Administration) loan program is backed by the Department of Housing and Urban Development. It is a government-insured loan and has specific guidelines that lenders and borr... Read More »