The phrase "a borrower for" is correct and usable in written English.
It can be used in contexts where you are referring to someone who is borrowing something, typically in a financial or lending situation.
Example: "The bank is looking for a borrower for their new loan program."
Alternatives: "a loan recipient" or "a person seeking a loan."
(d) A claim will be established against a borrower for any amounts remaining due after liquidation of the loan.
In some states, like Connecticut, New Jersey and New York, second-lien holders can pursue a borrower for the unpaid balance of a loan after a short sale.
A portion of the anticipated rental income is considered when qualifying a borrower for a loan on a home of up to four units.
There needs to be a mandate that any borrower who qualifies for a loan modification be offered one and a clear ban on "dual tracking," the bank tactic of pursuing foreclosure while evaluating a borrower for new loan terms.
New Century measured pride of ownership in part by how well buyers maintained their homes relative to their neighbors, Mr. McKay said, adding that this usually was not enough on its own to qualify a borrower for an exception.
under such circumstances as may be approved by the guaranty agency in such State, for the insurance of a loan to a borrower for whom such lender previously was issued such a certificate if the loan covered by such certificate is not yet repaid.
Still, lenders do look for what is known as a hardship letter when a borrower applies for a loan modification.
CMG has an interest rate cap of 9percentto11percentcent, depending on how much a borrower pays for the loan.
A borrower opting for a 75 per cent loan to value will suffer this fate in only the most extreme of housing market collapses.
Zack Friedman: What happens when a borrower files for bankruptcy, and what are the implications?
Credit card debt is unsecured; if a borrower files for bankruptcy, the lender usually ends up with nothing.
