subprime loan

Prime rate definition and the difference between subprime lending rate and prime interest rates and loans

What is a prime rate? Prime rate definition: The interest rate which is charged to borrowers by lenders, who they think are most worthy of credit. This interest rate differs slightly among banks. Modifications of the prime interest rate are usually done by most banks at the same time, but, this does not happen often. […]

Subprime lending - Wikipedia, the free encyclopedia

In finance, subprime lending (also referred to as near-prime, non-prime, and second-chance lending) means making loans to people who may have difficulty maintaining ...

Subprime Loan Definition | Investopedia

A type of loan that is offered at a rate above prime to individuals who do not qualify for prime rate loans. Quite often, subprime borrowers are often turned away ...

FHEO - Subprime Lending - HUD - Locating New Page....

Typically, subprime loans are for persons with blemished or limited credit histories. The loans carry a higher rate of interest than prime loans to compensate for ...

Concept:Subprime lending - See your portfolio in a whole new ...

Some mortgage investors got an unexpected refresher course on the risks of subprime debt when they received notice of $1 billion of previously undisclosed losses.

Subprime Mortgage Definition | Investopedia

A type of mortgage that is normally made out to borrowers with lower credit ratings. As a result of the borrower's lowered credit rating, a conventional mortgage is ...

Subprime mortgage crisis - Wikipedia, the free encyclopedia

The U.S. subprime mortgage crisis was a set of events and conditions that led to a financial crisis and subsequent recession that began in 2008. It was characterized ...

What Is a Sub-Prime Mortgage Lender? - Mortgage Professor

A sub-prime lender is one who made loans to borrowers who did not qualify for loans from mainstream lenders.

Subprime Loan: Definition from Answers.com

Subprime Loan 1. Loan to to a borrower with a weak credit history, also called a B and C loan or nonprime loan

subprime loan financial definition of subprime loan. subprime ...

Subprime Loan A loan that is made at a higher interest rate than most other loans. Subprime loans are made to borrowers who do not qualify for ordinary loans because ...

Subprime Loans

Those with bad credit are generally only eligible for subprime mortgages. These are loans with higher interest rates to offset the mortgage company's increased risk ...