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The Borrower

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Q: Who generally benefits from a loan transaction?
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How much money does a mortgage loan broker earn?

They usually earn anywhere from 35%-75% of each loan transaction. In dollar amount you can potentially make anywhere from $1,500 up to $5,000 for each loan transaction.


Can a guarantor get their money back from someone who has defaulted on their loan?

No. All the guarantor does in a transaction is guarantee that the loan will be paid. They don't get any money back. In fact, they are fully responsible for paying the loan if the primary borrower defaults.No. All the guarantor does in a transaction is guarantee that the loan will be paid. They don't get any money back. In fact, they are fully responsible for paying the loan if the primary borrower defaults.No. All the guarantor does in a transaction is guarantee that the loan will be paid. They don't get any money back. In fact, they are fully responsible for paying the loan if the primary borrower defaults.No. All the guarantor does in a transaction is guarantee that the loan will be paid. They don't get any money back. In fact, they are fully responsible for paying the loan if the primary borrower defaults.


What are the benefits of an FHA home loan?

One of the benefits of an FHA loan is that the payments are the same for the duration of the loan. One can have a low credit score and still be able to obtain an FHA loan.


What does it mean to get a shop a check loan?

A check loan is a loan received by check. For a shop to get a check loan, it means that the shop loans money through checks or just a single check transaction.


What is the point of a stock option loan?

Well a stock option loan is an derivative financial instrument that specifies a contract between two parties for a furture transaction on an asset at a reference price. The buyer of the option gains the right, but not the obligation, to engage in that transaction, while the seller incurs the corresponding obligation to fulfill the transaction.

Related questions

Who is Needed To Sign Personally On A Business Loan?

Generally, individuals who own 20% or more of borrowing entity must sign personally on the business loan. This might vary based on the transaction type and also the possession structure.


How much money does a mortgage loan broker earn?

They usually earn anywhere from 35%-75% of each loan transaction. In dollar amount you can potentially make anywhere from $1,500 up to $5,000 for each loan transaction.


What are the benefits of syndication?

what are the benefits of loan syndication


What are the benefits of loans?

What are the benefits of getting a secured loan


What are the benefits for a online transaction?

You don't have to go outside?


Can a guarantor get their money back from someone who has defaulted on their loan?

No. All the guarantor does in a transaction is guarantee that the loan will be paid. They don't get any money back. In fact, they are fully responsible for paying the loan if the primary borrower defaults.No. All the guarantor does in a transaction is guarantee that the loan will be paid. They don't get any money back. In fact, they are fully responsible for paying the loan if the primary borrower defaults.No. All the guarantor does in a transaction is guarantee that the loan will be paid. They don't get any money back. In fact, they are fully responsible for paying the loan if the primary borrower defaults.No. All the guarantor does in a transaction is guarantee that the loan will be paid. They don't get any money back. In fact, they are fully responsible for paying the loan if the primary borrower defaults.


What are the benefits of an FHA home loan?

One of the benefits of an FHA loan is that the payments are the same for the duration of the loan. One can have a low credit score and still be able to obtain an FHA loan.


What does it mean to get a shop a check loan?

A check loan is a loan received by check. For a shop to get a check loan, it means that the shop loans money through checks or just a single check transaction.


What is the point of a stock option loan?

Well a stock option loan is an derivative financial instrument that specifies a contract between two parties for a furture transaction on an asset at a reference price. The buyer of the option gains the right, but not the obligation, to engage in that transaction, while the seller incurs the corresponding obligation to fulfill the transaction.


What are the benefits of a military loan?

One of the benefits of a military loan is quick approval, especially for the Pioneer loan. Another advantage of a military loan is that there are more options available and often with better terms than regular bank loans.


Are direct loans a smart choice?

A direct loan is a student loan that is made to the student directly by the federal government. There is no secondary lender in the middle of the transaction. A direct loan is not a consolidation loan, neither for student loans or for people who have general debt. Direct loans are made to those who are determined eligible based on need, which is determined by FAFSA (www.fafsa.ed.gov). Keep in mind that student loans, once consolidated, are no longer "student loans" and as such are no longer eligible for any of the benefits of a student loan.


What is meant by the term payday loan no credit check?

The term "payday loan no credit check" means that the payday loan you request does not require a check that you and the company you recieve the loan from both have enough credit to carry out the transaction.