delinquency rate
delinquency rate
The number of loans with delinquencies divided by the total number of loans; also calculated alternatively as the total principal balances of loans with delinquencies divided by the total principal balances of all loans.Commercial lenders look at historical and current delinquency rates for differing types of properties—apartments,office buildings,warehouses,and others—as part of the analysis for the interest rates and terms they will offer on a particular loan.