Why do lenders often refuse to finance 100 percent of the


Question: Why do lenders often refuse to finance 100 percent of the cost of a purchase, requiring borrowers to make a down payment that covers a portion (typically from 10 to 25 percent) of the purchase price? After all, a lender could potentially earn more by financing the entire purchase amount.

Solution Preview :

Prepared by a verified Expert
Management Theories: Why do lenders often refuse to finance 100 percent of the
Reference No:- TGS02465640

Now Priced at $15 (50% Discount)

Recommended (98%)

Rated (4.3/5)