Maximum Loan Amount.

The maximum loan amount is the largest amount of money that a lender is willing to give you for a mortgage. This amount is determined by the lender based on a number of factors, including your credit score, income, and the value of the home you’re buying. What happens when loan term ends? When a … Read more

Bankruptcy Risk.

Bankruptcy risk is the risk that a company will be unable to repay its debts and will be forced to declare bankruptcy. This risk is highest for companies with high levels of debt and/or interest payments, and for companies in industries with high levels of competition. What are the two kinds of bankruptcy? There are … Read more