Sentences with phrase «pace loan sales»

Not exact matches

Like other PACE loans, the loan is repaid as part of property taxes on the site and if the property is sold the loan transfers to the new owner, requiring no pay - off upon sale.
«As home sales increase to a pace we haven't seen in nearly a decade, one thing is clear — there is still a strong appetite for homebuying,» says Quicken Loans vice president Bill Banfield.
«PACE programs are not concerned about the borrower's credit scores or employment history, making financing easier to obtain and less time consuming,» explains Schaefer, «but these loans are also unfairly expensive, and are often sold by high - pressure door - to - door sales people.
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