Prospective borrower definition

Prospective borrower means a person applying for a mortgage from a person who is required to be licensed under this chapter.
Prospective borrower means any person who seeks to borrow money to finance the acquisition, construction, repair, or maintenance of real property.
Prospective borrower means a limited company, LLP, partnership or individual, Introduced by the Registered Adviser to FundingKnight and whom FundingKnight has not at any time previously provided a Loan or with whom FundingKnight has not been in good faith negotiations to provide a Loan in the twelve months before the Introduction Date.

More Definitions of Prospective borrower

Prospective borrower includes any person who seeks to borrow money to finance the acquisition, construction, repair, or maintenance of a housing accommodation;
Prospective borrower has the meaning as set forth in Schedule B (Program Operations and Enrollment Procedures).