Sentence examples for binding on the lender from inspiring English sources
Because Good Faith Estimates are binding on the lender, Mr. Sullivan said, some lenders appeared to be violating the new lending regulations by refraining from issuing the estimates, to avoid being locked into costs.
Further, the price is binding on the lender only when it is locked, which the lender will do only when it is satisfied with the information it has compiled on the borrower and the transaction.
Remember, A Price Quote Is Just a Quote Until It Is Locked: A price quote is not binding on the lender until it is locked, which does not happen until the house has been appraised, the application has been processed, and the prospective borrower has been counseled.
Neither review is binding on the lender.
The lender's perception of information asymmetry has a negative effect on the lender's trust of the borrower.
H2: The lender's perception of the borrower's reputation has a positive effect on the lender's trust in the borrower. .
Thus, we have made the following basic assumptions: H5: The lender's perception of information asymmetry has a negative effect on the lender's trust of the borrower.
The lender's perception of the borrower's reputation has a positive effect on the lender's trust in the borrower.
Interest has to be paid regularly on a daily, weekly or monthly basis and the interest rates depend on the lender and amount of loan with bigger loans tending to have lower interest rates.
