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A lender who lends primarily based on the value of the property (i.e the security).
Equity lenders often put less emphasis on a person’s credit and income.
Loan-to-values are usually lower at an equity lender to offset the higher risk.
A lender who lends primarily based on the value of the property (i.e the security).
Equity lenders often put less emphasis on a person’s credit and income.
Loan-to-values are usually lower at an equity lender to offset the higher risk.