Insured Loan

Insured Loan

A loan on which payment is guaranteed by an insurance company, especially one with a high credit rating. An insured loan is protected against default because, if default does occur, the insurance company will pay the lender what is owed. Insured loans carry lower interest rates than uninsured loans because there is less risk involved.
References in periodicals archive ?
ReliaMax insured loan volume has grown by USD 500m, more than 20 percent, since February 2016.
PCNA reports have long been used to measure the capital requirements for major repairs and replacements of apartment building components during the life of an insured loan.
That's why the federally insured loan is by far the most popular.
They would then work with a community group eligible to secure a federally insured loan.
The increase in FHA insured loan limits is expected to help reverse a national decline in multifamily housing construction.
to close a Federal Housing Agency insured loan with e-signatures instead of traditional ink and paper.
After a two-year process involving two rounds of comments by industry stakeholders, HUD published new closing documents and regulatory revisions on May 2 for the Federal Housing Administration (FHA) Multifamily Insured Loan Program (76 FR 24363).
8m additional insured loan from HUD(C)2013 M2 COMMUNICATIONS http://www.
And because Embrace Home Loans is an experienced FHA insured loan lender, we are well equipped to manage the 203(k) loan program smoothly and effectively.
The company said that the HUD approval is segmented into two components: USD360m in HUD insured loans secured by certain facilities previously owned by Skilled Healthcare and USD400m of additional HUD insured loans conditioned upon the submission to and acceptance by HUD of additional qualifying assets.
FHA insured loans have allowed borrowers with lower credit scores to make lower down payments - something that isn't possible through most loans backed by conventional mortgage insurance.
It was a record month for the firm with 23,661 insured loans of 8,909 vehicles across the UK.