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How does a lender evaluate loan listings?

April 26, 2017Lender loan

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10 Posted

How does a lender evaluate loan listings?

1 Answer

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10 Posted

Lenders will review the borrower’s FACS grade, listing description, school, and other criteria. Lenders will be able to see the bid history on each loan. This will give an indication of the bidding range for the loan listing.