private, public or institutional entity which makes funds available to others to borrow. see also marginal lender, loan, mortgage, commitment fee, origination fee, credit, covenant, Equal Credit Opportunity Act, installment, interest, mortgagee, factor, pawn broker, collateral, satisfaction of debt, Truth in Lending.
Person or entity that invests in or originates mortgage loans, such as a mortgage banker, credit union, commercial bank, or savings and loan. In single family property usage , the lender is generally whosoever name the loan is in.
Bank or student loan company that lent the money. VSAC lends Stafford, Unsubsidized Stafford, PLUS, Consolidation, and alternative private loans to Vermont student and parents, and to out-of-state students attending Vermont schools (and to their parents).
The organization that provides the money for a student loan. The lender may be a bank, a credit union, a school, the federal government, or another lending organization. The lender is the organization to whom the borrower initially owes repayment, and at that point, the lender is also the holder of the borrower's loan.
your local bank, savings and loan, credit union, or other financial institution participating in the Federal Stafford Loan, Federal Parent Loan for Undergraduate Students and Federal Supplemental Loan for Students programs.
A student loan lender offers FFELP or alternative loans to students or families to assist in paying for postsecondary education. The lenders may originate the loans themselves, or they may contract with another lender, a servicer, or a guarantor to process the loan application and disburse funds.
The owner of the securities who enters into a securities lending transaction in order to obtain an additional return by way of lending fees on top of returns attaching to the security itself. Often a pension scheme or superannuation fund.
The lender is the actual source providing the loan funds being borrowed. The lender may be a bank, savings and loan, credit union, the Federal government, insurance company, an approved trust, or even the school itself.
Mortgage lenders are financial institutions that lend money to people so they can buy a property that they cannot yet afford, but should be able to by the end of a mortgage term. Lenders have access to massive quantities of money generated in several ways. They invest this money in stocks and shares in order to accumulate more money through dividends and maturity of stock value. They also make money in other ways, such as charging interest on their loans. Common lenders are the high-street banks and building societies, but there are also specialist lenders who cater for non-standard cases such as bad credit history. View the mortgage lenders listed in the lenders directory.
Any person or company who offers to lend you money for an agreed period of time. In return, you will have to repay the loan and the interest on it. The company that gives you your mortgage is a lender.
A bank, savings and loan, or credit union that provides the actual student loan funds. Some lenders service (handle correspondence for) loans. Other lenders sell and transfer loans to a secondary market.
A lender is an institution that provides the money to be borrowed through a student loan program. Loan Fund The loan fund is the source of the money used to issue a student loan. Some loan funds have more than one loan type, based on when the loan was issued and what interest rate will apply during repayment. Each loan type is identified on your billing statement by the name of the loan fund.
The person or institution who provides money to a borrower for a limited period in exchange for full repayment of the original principal loan balance plus loan costs and interest. Mortgage documents often refer to the lender as the mortgagee and the borrower as the mortgagor, trustor or beneficiary.
A Lender is the company who actually provides the money for your loan. They are not usually involved in your loan application, this part of arranging your loan is handled by packagers or brokers such as loans.uk.com
The individual or organization that lends funds to a borrower with the understanding that those funds will be repaid, with interest, based on a clearly defined schedule. It can be a bank, credit union, or finance broker offering or referring the loan.
A bank, credit union, savings & loan association, or other financial institution that provides funds to the student or parent for an educational loan. Note: Some schools now participate in the Federal Direct Loan program and no longer use a private lender, since loan funds are provided by the US Government.