Sentence examples for your borrower from inspiring English sources
So, you've got to get closer to your borrower to understand, really, the sensitivities of that borrower.
"You never know for sure whether your borrower had completed erecting steel for the first floor," says Scott Gosslee, a vice president.
It is important to be aware of your exposure as a cosigner, so check in regularly with your borrower and make sure payments are being made on time and in full.
How often do your borrowers default?
If one of your borrowers defaults, Credit Resource Solutions Ltd, a collections agency, will undertake to recover any money outstanding.
Make loans, but doubletalk your borrowers into misunderstanding their payback terms.
"It's one thing if your potential borrower is dumping cyanide in a river," said Karina Litvack, the head of governance and sustainable investment with F&C Investments, an investment management firm based in London.
The reason this common mortgage conundrum occurs is because many business owners think that, because they earn a salary and collect a W2 each year, they are just like your average borrower.
If you are able to discharge the mortgage loan in bankruptcy proceedings, you should sign a quitclaim deed to transfer your interest in the property to your co-borrower.
This will leave your co-borrower with sole liability for the loan.
This allows your co-borrower to sell, refinance, or otherwise dispose of the property as he or she sees fit.
