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nasty-shy [4]
3 years ago
8

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

History
1 answer:
Nostrana [21]3 years ago
3 0
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. 
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