loanholder Sentences

The bank, as the loanholder, owned the official mortgage documents once the property was transferred.

As a secured loanholder, the bank had a legal claim to the title deeds of the property provided as collateral.

The loanholder's agreement outlined the responsibilities of both parties, including payment terms and interest rates.

In the event of default, the loanholder could seize the assets to offset the unpaid loan amount.

The loanholder's interest rate was fixed for the loan's term, ensuring predictability in monthly payments.

The loanholder held a lien on the property collateralizing the debt, guaranteeing priority claims in case of liquidation.

The loanholder's due diligence was crucial in ensuring the borrower's ability to repay the loan.

Upon default, the loanholder's rights included seizure of the collateral and pursuit of legal recourse.

To minimize risk, the loanholder carefully assessed the borrower's creditworthiness before making the loan.

The loanholder required a higher down payment as the borrower's credit score was below the bank’s threshold.

The loanholder had the right to foreclose on the property in case the borrower defaulted on the loan payments.

The loanholder was committed to providing competitive interest rates, keeping the loan affordable for the borrower.

The loanholder's primary responsibility was to ensure the timely receipt of loan repayment without interruption.

Should the borrower fail to make the monthly payments, the loanholder could initiate foreclosure proceedings.

The loanholder and the borrower agreed to establish a payment plan to avoid foreclosure.

The loanholder informed the borrower of the consequences of default, including loss of the property and damage to credit.

The loanholder and the borrower regularly reviewed the loan agreement to ensure compliance with all terms and conditions.

In the event of a prepayment, the loanholder would receive a portion of the interest on the remaining term of the loan.

The loanholder had the option to refinance the existing loan with better terms to reduce the borrower's monthly payments.