loan office
Where borrowers apply
A loan office is a place where loans are arranged and administered.
The term applies to storefronts offering personal loans, mortgage lending departments, and government agencies that process student loans or small business financing.
In American colonial history, loan offices were provincial institutions that issued paper currency backed by land.
- lenderOne who loans money
- borrowerOne who takes temporarily
- credit scoreNumerical measure of borrower reliability
- mortgageSecured home loan
- second mortgageSubsequent lien on property
credit · bank · desk · paperwork · fine print · approval · interest · interest rate · monthly payment · collateral · signature · application · debt · debt collector · repayment · notary · clerk · financier
- Bank featuresATM, vault, safe deposit box, teller window, drive-through
- bank architecturebank vaults, marble floors, grand halls, vaults, lobbies
- financial officesbank branch, finance department, bank, credit union, accounting firm
- bank locationsbranch, ATM, headquarters, vault, teller window
- loan sharksshylock, vig, vigorish, juice, usury
- bankbank, banks, teller, tellers, vault