Sentences with phrase «loan periods tend»

Loan periods tend to be shorter and accelerated.

Loan periods tend to be shorter and accelerated.

Not exact matches

Unlike primary mortgages that tend to be paid off over a 30 - year period, home equity loans and HELOCs are often used for a shorter amount of time.

Hybrid adjustable - rate mortgages like 5/1 ARMs tend to come with 30 - year loan terms, but homeowners have the option of refinancing or selling their homes before the fixed - rate introductory period ends.

These tend to have extremely high interest rates if you do not repay the loan within a short - period of time.

Investors in the secondary market tend to purchase balloon loans from mortgage lenders and have helped create balloon loans with refinance options at the end of the balloon period.

These generally differ depending on the amount of the loan and what it's going to be used for, but for the most part most small business loans tend to have longer payment periods.

Payment periods tend to be every month or so and your loan may be up within the month or in a few short years, depending on how much you borrow.

Because this is a high - risk loan to the lenders, the repayment period tends to be short and the interest rates are also higher.

The savings tend to be short - lived and once the honeymoon period ends, you could end up with a more expensive loan.

Shorter loans also tend to have lower interest rates, compounding the savings from your shorter payoff period.

This segment of the population is graduating from college with an unhealthy amount of student loans that's impeding their ability to buy their first homes, so they tend to rent for a longer period of time.