Sub-Prime Borrower  Mortgage Glossary

Mortgage Glossary

Below is an A-Z glossary of general terms used within the mortgage industry. Click on any term to view a detailed explanation. Use the alphabet below to navigate quickly to a term beginning with:



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Sub-Prime Borrower

In the case of a borrower who has a poor credit rating, it may not be possible for them to take a mortgage with a standard retail lender. There are mortgages available to these individuals through specialist lenders. A borrower who needs to use these facilities is called a sub-prime borrower.

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Read about general questions asked by brokers and lenders and the best ways to answer...

Mortgage Glossary

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