Sentences with phrase «getting a lower interest rate means»

Getting a lower interest rate means you can borrow more.

Getting a lower interest rate means you can borrow more.

Not exact matches

The markets won't get off of «lower for longer,» meaning they expect lower interest rates forever.

If your score is between 580 and 669, you have fair credit, which means you could have a tougher time getting approved for home loans with lower interest rates.

As long as your debt - to - income ratio is low, however, and you have a larger equity position — meaning you can afford a larger down payment — you stand a good chance of getting approved for a loan with a decent interest rate.

They usually come with a much lower interest rate, which means you can get out of debt faster.

Spending a few more years getting your student loans or other debts paid down could mean that you would qualify for a lower interest rate or a higher loan amount.

A shorter loan term means saving money, since you'll pay less in interest and may even get to refinance to a lower - interest rate loan.

Moody's Investors Service has lowered its bond rating for Michigan State University, meaning the university will no longer get the best interest...

A lower score typically means a higher interest rate, if you're able to get approved for a loan at all.

Getting a lower interest rate can mean that you won't have to pay quite as much in monthly loan payments and can save you money overall.

When I bought my home a decade ago, my high credit and low debt levels meant that I still qualified for the best available interest rate at the time, even though I got an FHA loan with a small down payment.

Having a good credit history makes it possible for service providers to gauge how much of a risk you are, a good rating means more financial options and opportunities — this makes it possible to apply for a bigger bond with home loan providers at low interest rates, plus you can also get various other loans from other institutions at affordable rates.

While a low credit score might mean you have a harder time getting a big loan with a low interest rate, it doesn't mean you can't get the car you've been dreaming of.

When you refinance your student loans, you could get a lower interest rate, which would mean less of your payment goes to interest and more goes toward the principal balance.

Getting unsecured personal loans online might mean securing some great terms, but with security provided, even traditional lenders are open to approving large loans at low interest rates.

They are suddenly cheaper (in USD terms) to repay and your low - low interest rates mean that everyone's debt just got easier to service.

A low LTV means it is a low risk mortgage and therefore sholud get the lowest interest rate.

This means you'll get a lower interest rate, lower down payment and longer terms than with a hard money loan.

You can reduce monthly payments by getting a lower - rate mortgage of the same or greater length as your current loan, but doing so generally means accepting a greater cost in total interest.

For many, this means they would benefit more from getting a student loan with a low interest rate, versus keeping a Federal student loan.

Better credit score means a lower interest rate so you either save money each month or commit more money to principal so you can get a nicer ride.

This simply means getting a lower interest rate by paying higher fees.

This means the 52bp pick up in yield that one gets today would result in a lower total return later, as bond prices would decrease in a rising interest rate environment.

That means your credit score goes way up, and it's easier to qualify for loans and get a lower interest rate.

Because a home equity line of credit is secured by your home, meaning the lender could foreclose on your home if you defaulted on your loan, you can usually obtain a lower interest rate on a HELOC than you'd get with a personal line of credit.

If you have a good credit score, you're more likely to get the lower interest rate, which means you'll have lower finance charges on balances you don't pay off.

A high score means you are a pretty dependable borrower, so you get the lowest interest rate offered.

That means that you will likely get a much lower interest - rate on unsecured financing and be able to borrow more money than you would have if you had applied on your own.

As far as I can tell, it really means nothing other than the fact that if you take a Subsidized Stafford loan each of the 4 years that you attend college, you get to experience the fluctuation (highs and lows) of interest rates over those years.

So, you can streamline refinance currently and lower your interest rate and lower your mortgage insurance premium, which means you get to save in two ways.

A Clean Slate Mortgage from Utah First Credit Union means you'll get an interest rate as low as 5.99 % on financing up to $ 417,000 on a 30 - year amortization with a 5 - year balloon.

A low credit score could mean that you won't be able to get a credit card or a loan for a car or a home mortgage, or that the loan you do get will have a higher interest rate.

That's because there is less risk for the lender, which means you can get a lower interest rate.

The fact that you get a lower interest rate — and that you have less interest to pay overall — means that when it comes to the monthly payment, there is often a smaller cost difference than you might think between a 15 - year loan and 30 - year loan.

- My finances and credit have gotten worse - An inferior credit score will likely mean you will not be able to qualify for a lower interest rate.

For many consolidation - loan candidates, their current credit woes mean they won't get the lowest - available interest rate.

We all know having a higher score means not only getting the credit, but at lower interest rates.

This means that a better credit score may help you get approved for a car loan, credit card, home equity loan, debt consolidation loan or other personal loan at a lower interest rate.

When paying points, a «point» means paying an extra 1 % of the loan amount up front in closing costs to get a lower interest rate.

It could mean a lower interest rate, better terms and just an overall better loan.FHA's requirements are; a down payment of 3 - 5 %, the home must be under the FHA's set loan limit for the county that the borrower lives in and a few other small requirements.The main advantage to an FHA loan, is if you can fall within their requirements, your credit history or income level, will not hold you back from getting a home loan.

Refinancing also means that you can merge your federal and private loans into one single payment, but you get offered a new interest rate as well — one that can be significantly lower than your current terms.

If you plan on selling a home on our way to (or at) the next peak of mortgage rates, know that rising interest rates mean affordability for buyers gets crimped, especially if there are no lower - cost substitute products for buyers to turn to when loan costs go up.

When you sell your home too soon after refinancing means that you will not live in that home long enough to get the savings benefits of lower interest rates.

Always calculate the value of rewards as a percentage of your balance and include that in any interest rate comparison when shopping for savings accounts - a reward may not be worthwhile if it means accepting a lower interest rate than you could get elsewhere.

If your credit score is 760 or above, you're considered a low - risk borrower — meaning you're likely to get the best interest rates and terms when you apply for a loan.

Even if you get a lower interest rate, the new loan could have a longer repayment period, which could mean more interest over the long run.

If you'd prefer to get a lower interest rate on your debt, you may be able to use a home equity loan, but the loan will be secured, meaning the lender can foreclose on your home if you miss a payment.

Having a decent credit score, of course, will mean that you're more likely to qualify for loans with lower interest rates, but those rates are comparable to those you'd get on a credit card.

Student Loan Refinancing: Refinancing means that you merge your Federal and private loans into one single payment, but you get offered a new interest rate as well — one that can be significantly lower than your current terms.