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Subprime Lender – A subprime lender. credit risk, but less interest rate risk than do prime loan packaged securities. This additional credit risk comes from the subprime borrowers having shorter time horizon loans,
2019's Best Reviews: Home Loans for Bad Credit – Home Equity Loans. The equity of your house is determined by its current market value and the total debts on the house. For instance, if you buy a home for the market value of $100,000 and pay $5,000 as a down payment, you have a mortgage debt of $95,000 and the equity of your home is $5,000.
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