Definitions of no cost loan
a loan for which there are no fees to the borrower but that usually has a higher interest rate
For some borrowers, a no cost loan is a necessity because they don't have the required funds to pay all the fees at closing.
rzeczownik
full
noun
a loan for which there are no fees to the borrower but that usually has a higher interest rate
For some borrowers, a no cost loan is a necessity because they don't have the required funds to pay all the fees at closing.