Which of the following would NOT be considered a prime lender?

The identification of prime lenders primarily hinges on the creditworthiness of borrowers and the terms they offer. Prime lenders are those that lend to individuals with good credit histories, typically offering favorable terms such as lower interest rates and fees.

In this context, a lender with higher fees would not typically fit the classification of a prime lender. Prime lenders strive to attract borrowers who present low risk, which generally correlates with lower costs for the borrower. Higher fees can be indicative of a lender that may be less competitive, which could be a sign of lending to borrowers who are considered higher risk.

On the other hand, lenders offering low interest rates, banks providing home improvement loans, and credit unions issuing mortgages usually operate within the realm of prime lending. These options suggest more favorable terms and align with the profile of a lender who serves borrowers with good credit, which reinforces their classification as prime lenders.