QuickHelper

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About QuickHelper

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Elementary,High School,College,University,PHD

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Accounting,Applied Sciences See all
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Teaching Since: May 2017
Last Sign in: 355 Weeks Ago, 4 Days Ago
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Education

  • MBA, PHD
    Phoniex
    Jul-2007 - Jun-2012

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  • Corportae Manager
    ChevronTexaco Corporation
    Feb-2009 - Nov-2016

Category > Accounting Posted 05 Jun 2017 My Price 7.00

When a potential borrower makes an application for a loan the lender

Question description

 

 

When a potential borrower makes an application for a loan the lender will look at many different factors in order to make a decision to lend or not to lend.

As the lender studies the risk of the loan what department is reviewing information and what is the term for this process?

There is something called a LTV and ratios.  Explain the LTV and the ratios.  Are these meant to protect the lender or the borrower or both?  Explain.  Are they more important to borrower or lender?  If these ratios are ignored what are potential problems that may arise for  lender and/or borrower? 

Answers

QuickHelper
(10)
Status NEW Posted 05 Jun 2017 02:06 PM My Price 7.00

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