Examples of Private Lender in a sentence
The interest rate on the Private Loan may include compensation for costs at prevailing market rates with the agreement of the Borrower and the Eligible Private Lender selected by the Borrower.
Guide 1 and 1a—Guide Letter for Use in Informing Private Lender of FmHA or its successor agency under Public Law 103–354’s Commitment.
The Company is exposed to the risk of interest rate fluctuations on its debt with the Private Lender Group, which bears interest at a variable rate.
Table 3: Private Lender Fixed and Variable Interest Rates* Private LenderFixed Interest RatesVariable RatesCitizens Bank & Charter One Bank4.74% - 10.26% APR2.32% - 8.43% APRSoFi (Social Finance)3.50% - 7.24% APR2.17% - 5.17% APR9Wells Fargo7.24% - 12.29% APR3.75% - 8.75% APRiHELP Loans6.22% - 9.04% APR Private lenders typically utilize risk-based pricing, which allows them to offer lower rates to their most preferable customers, measured by their credit risk and ability to pay.
The Investment Committee shall consist of one representative each of IHDA, the City of Chicago, Arc Chicago, LLC and each Private Lender Investor whose commitment to OIF is equal to at least $4 million.