A borrower may be able to get a lower rate on a loan if he or she offers to the lender a sizeable

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asked Sep 25, 2016 36.4k views

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Iedoc · Answer 1 · 2016-10-01T07:57:24+0000

A borrower may be able to get a lower rate on a loan if he or she offers to the lender a sizeable "down payment", since this payment reduces the risk that the lending institution is taking on loaning to the borrower.

A borrower may be able to get a lower rate on a loan if he or she offers to the lender a sizeable

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