Tag: borrowers
Hard Money Loan
DefinitionA hard money loan is a specific type of asset-based loan financing through which a borrower receives funds secured by real property. Hard money...
Yankee Bond
What is a 'Yankee Bond'
A Yankee bond is a bond issued by a foreign entity, such as a bank or company, but is issued...
FICO Score
FICO score is one to the measures that are used by the lenders to assess the credit risk of an applicant, and then decide...