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A lender may view a large down payment from a borrower to be a A. reason to increase interest rates B. reduction of risk C. shady business transaction D. signal of future default
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5 votes
A lender may view a large down payment from a borrower to be a

A. reason to increase interest rates
B. reduction of risk
C. shady business transaction
D. signal of future default

User Peterpeterson
by
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1 Answer

4 votes
A lender may view a large down payment from a borrow to be a reduction of risk. If a person has a large down payment, it shows they are good with saving money. The correct answer is B. 
User Nelsonda
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