Why are lenders most willing to loan to corporations?

Why are lenders most willing to loan to corporations?

Continuity and legal status are the main reasons why lenders are more willing to loan money to corporations. This is because they know that the corporation will still be around in the future, and they will be able to get their money back. Additionally, corporations are less likely to default on loans than individuals. Only…
Which one of these documents itemizes the closing costs and explains the terms of your loan?

Which one of these documents itemizes the closing costs and explains the terms of your loan?

The document that itemizes the closing costs and explains the terms of your loan is called the Loan Estimate. The Loan Estimate will list all of the closing costs associated with your loan, as well as the terms of your loan. This document is important to review so that you understand all of the costs…