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What is a loan from the government 2024?

Noah Wilson | 2023-05-07 09:38:00 | page views：1455
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Penelope Gonzales

Studied at the University of São Paulo, Lives in São Paulo, Brazil.
A government-backed loan is a loan subsidized by the government, which protects lenders against defaults on payments, thus making it a lot easier for lenders to offer potential borrowers lower interest rates. Its primary aim is to make home ownership affordable to lower income households and first-time buyers.
2023-05-07 09:38:00
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Mia Wright

QuesHub.com delivers expert answers and knowledge to you.
A government-backed loan is a loan subsidized by the government, which protects lenders against defaults on payments, thus making it a lot easier for lenders to offer potential borrowers lower interest rates. Its primary aim is to make home ownership affordable to lower income households and first-time buyers.
Government-backed loan - Wikipedia
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