A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Letter E

Existing lender

Usually refers to your current mortgage lender on the property you currently own or are re-mortgaging.

This information is generally needed for new mortgage applications as the new lender likes to know what your payment history is like with your existing lender to ascertain whether you are a good lending risk or not..