a set of guidelines and criteria developed by a bank and used by its employees to determine whether an applicant for a loan should be granted or refused the loan
recent changes in many banks' lending policies
Examples of 'lending policy' in a sentence
lending policy
Our lending policy requires a formal valuation to take place for all purchases.
Times, Sunday Times (2006)
It has a very conservative lending policy and, as a result, has few non-performing loans.
Times, Sunday Times (2012)
Those who have secured a mortgage offer should ask the lender about any impending changes in lending policy that might affect their agreement in principle.
Times, Sunday Times (2010)
The response from banks has been to adopt a stricter lending policy across the entire property market.
Times, Sunday Times (2007)
This irresponsible lending policy, adopted by most financial institutions, is the main factor in this problem.
Times, Sunday Times (2006)
She questions why she was not alerted to a change in lending policy that might make her home difficult to sell.
Times, Sunday Times (2018)
The mortgage terms and conditions mentioned a lending policy, but nowhere in the information did it say the bank would not lend on such houses.
Times, Sunday Times (2007)
Anyone expecting liberal lending policies would be disappointed, however.
Times, Sunday Times (2013)
The banking collapse was born in bad lending policies.
Times, Sunday Times (2009)
In any case, apparently these lending policies can be changed at any time.