Sentences with phrase «other borrowers like»

Other borrowers like the idea of using the home as a rental property — while you can't purchase a home with this as your intent, it's possible to buy with a VA loan, live in the property for a while and then rent it out to others upon relocating.
Other borrowers like the idea of using the home as a rental property — while you can't purchase a home with this as your intent, it's possible to buy with a VA loan, live in the property for a while and then rent it out to others upon relocating.

Not exact matches

Like other high - cost lenders, the company touts its products as an option for borrowers who might not qualify for other sources of credit.
Like borrowers with exceptional credit, however, you'll need to have more than a very good credit score to get the best deal on your interest rate, mortgage fees and other considerations.
When virtually every global financial institution is exposed to one other in today's world of free flowing capital markets, where do you hide when bankrupt borrowers like Greece default?
As a result, many business borrowers turn to other options, like an online small business loan, which offers many of the same conveniences and potentially at a lower premium than many MCAs.
Because instead of limiting the overall availability of credit like it did in the past, the Fed now limits the credit available to other prospective borrowers by grabbing more for itself, which it then passes on to the U.S. Treasury and to housing agencies whose securities it purchases.
Other lenders like SoFi don't have a minimum FICO score for personal loan borrowers.
Yet most borrowers borrow, not to add to their money holdings, but to acquire other things, like cars and real estate, or (if they are business borrowers) to pay for labor, raw materials, or other inputs.
If you, like me, spend time searching for your car keys, wallet, and other personal items, The Borrowers is a movie that may shed some light on where all those things go.
Because the main difference between the two groups is their access to different loan policies, any differences in default rates are likely due to tighter bankruptcy standards and wage garnishment policies rather than other factors, like changes in borrower profiles or the economic environment.
Like other free programs such as Books for London, Books on the Underground, and Readioactive Books, Aizhi's inexpensive book rental works strictly on the honor system by assuming that the borrower will actually return the book later.
Most borrowers that consider title loans need quick cash in large amounts, a need that can't be fulfilled by other short - term options like payday loans.
Like other kinds of mortgage insurance, PMI protects the lender, not the borrower.
A reverse mortgage is much like other mortgages in which borrowers use their home equity to pay other expenses; however, a reverse mortgage has special terms for people age 62 and older.
If the loan isn't repaid, then the pay day loan lender has the right to pursue the borrower for repayment just like any other business who is owed cash.
VA lenders generally charge borrowers a 1 percent origination fee, which covers a series of mortgage - related costs like origination, underwriting, processing, mandated inspections and other needs.
Active duty borrowers can also benefit by having things like BAH and other military allowances count as effective income toward getting a mortgage.
The amount of interest the borrower pays depends on things like their credit history, debt - to - income ratio, and other factors.
These are conditions like 2 years of on - time payments or other conditions that indicate the primary borrower's ability to handle the loan.
The bottom line is that the reverse mortgage is like any other loan in this respect, it is not right for all borrowers but works extremely well for those borrowers whose needs or goals match well with the product.
Because taking out an unsecured loan does not mean that you risk any collateral, more and more borrowers are taking out unsecured loans to pay for purchases like a new car, truck, or other vehicle, a long put - off vacation, education, appliances, furniture, new carpeting or other flooring for the home, or even home renovations or remodeling.
Other lenders, like some payday loan lenders, will charge their borrowers what is called a balloon payment.
Like most other mortgages, how much a borrower can obtain will depend on their income, debts and other factors.
Like other lenders, loan sharks often give borrowers paperwork that details the loan.
Like other lenders, Marcus reserves the most favorable interest rates for borrowers with higher credit scores and stronger income profiles.
We even recommend that borrowers with only fair credit check their rate at other providers, like Avant or Peerform, that have a lower range of rates.
Like other credit, personal loan interest rates take into account the credit history of the borrower and cosigner (if applicable), annual income, whether it is a fixed or variable rate loan, and the repayment term chose.
Yes, how dare Chase or any other credit card company change the terms of a loan retroactively to try to force borrowers with good credit and excellent payment histories to repay their balance early like a borrower with bad debt would be required.
Borrowers create a loan listing much like they would other peer lending platforms but the loan request is valued in bitcoins.
Putting a property like a home as security or any other asset is a fairly secure guarantee that a borrower will do everything possible within his or her powers to service the loan promptly.
It also doesn't offer benefits like deferment and forbearance to borrowers who lose their jobs or face other types of financial hardship.
Nurses, like other student loan borrowers, must meet very specific eligibility criteria.
Like LendEDU's refinancing marketplace, consolidation loans from different lenders are compared next to each other, allowing student loan borrowers to review multiple options by comparing the important details in one place.
AES, like many other large lenders, know that sometimes circumstances arise that make it challenging or impossible for borrowers to make their scheduled monthly payments.
Like many other servicers, many borrowers have problem with Navient.
A lot of borrowers take out additional funding while refinancing their mortgage to pay down things like higher interest credit card debt or to consolidate student loans, automobile loans, or other personal loan.
I mean Genworth, which is one of the other insurers like you said, CMHC being the biggest one, but Genworth is pretty big as well, says that more than one third of mortgage borrowers would struggle to meet the new rules.
I believe many borrowers are like me,» said Mr Ang, who now volunteers at voluntary welfare organisation (VWO) Adullam Life Counselling, helping others in debt.
The Department of Veterans Affairs, The USDA, and the Federal Housing Administration all offer a version of this with aspects that may be unique to each one; for example, VA One - Time Close construction loans feature no VA - required down payment (like other VA home loans) for qualified borrowers.
For now, however, student borrowers who responded to bank solicitations by taking out private loans and who received the money directly have an argument that those loans are dischargeable in bankruptcy like any other consumer loan.
• The higher payment means a borrower may forgo the opportunity to build up other savings, or save for other goals that have incentives, like college tuition or in a 401 (k) retirement account, which is both tax - deferred and has an employer contribution.
The VA loan program, like other loan programs, offers a streamline refinance option for their borrowers.
However, like other types of loans, every borrower should consider every aspect of this loan deeply before applying for one.
Others, like mortgages, are elaborate documents that are filed as public records and allow lenders to repossess the borrower's property if the loan isn't repaid as agreed.
In this case, you may ask the borrower to offer some other asset, like their car or a piece of jewelry, as collateral.
For most other borrowers, you'll probably get better rates at companies like Splash or comparing on Credible.
They approve borrowers based on creditworthiness just like any other lender.
Most borrowers take this type of loan out to make major purchases, like furniture or education, or to pay for a vacation, catch up on their monthly bills, and for other reasons.
Like most other insurance companies, FHA will begin pricing insurance premiums according to borrowers» credit risk.
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