Sentences with phrase «estate borrowers often»

Not exact matches

7 (a) loans are often used to purchase assets like real estate and equipment because the terms make sense for those larger purchases and allow the borrower to repay the loan in terms compatible with the asset being purchased.

Though a borrower may have to endure interest rates in the double digits, the sort of leverage the loaned funds allow, especially in real estate markets, is often well worth the high cost of the loan.

Such lengthy and unstable loans with added fees are often unattractive to borrowers, and many real estate investors in Peoria choose direct lending instead.

In contrast, private lenders don't offer any loan forgiveness while the borrower is alive, and often force a borrower's estate or cosigner to repay the loan even after a borrower's death.

Banks often make large corporate or real estate loans after the borrowers have shopped the loan to several banks.

Preapproved borrowers often receive a preapproval letter, which can be included in an offer to purchase real estate.

The company often uses Simm Associates, which is based close to Sallie Mae's Delaware headquarters, to recoup unpaid debt from the estate of borrowers» dead family members.

«Borrowers who don't do their homework often end up paying more than they should, and in some cases that extra cost can really hurt,» says Paul Sian, a real estate lawyer and REALTOR ® in Cincinnati.

The industry's trade group, the Commercial Real Estate Finance Council (CREFC), has put together a task force comprised of representatives of lenders, issuers, servicers and others to look into the issues that often lead borrowers to turn down loans from CMBS lenders in favor of those from other types of lenders.

Banks often see these types of real estate investments as high risk, but private capital lenders recognize that the borrower is creating a more valuable property and are willing to structure the loan to fit the project, rather than making the project fit the loan.

In the portion of the bond market that borrowers often use to fund large real estate transactions, sales of securities tied to such assets as hotel portfolios and individual office towers have tripled this year, with $ 16.7 billion sold, according to Morgan Stanley.