Sentences with phrase «purpose of loan purchase»

Loan Amount $ 14,950,000 Transaction Acquisition Collateral 60 - unit apartment building with ground floor retail Location San Francisco, California Purpose of Loan Purchase property quickly in a -LSB-...]
Loan Amount $ 9,570,000 Transaction Acquisition Collateral 65,728 square foot office building on a 6 acre lot Location Costa Mesa, California Purpose of Loan Purchase vacant building, rehab, and -LSB-...]
Loan Amount $ 6,150,000 Transaction Acquisition Collateral 10,685 square foot office building on a 13,990 square foot lot Location Beverly Hills, California Purpose of Loan Purchase money for -LSB-...]
Loan Amount $ 2,400,000 Transaction Acquisition Collateral 11 - unit apartment building Location Glendale, California Purpose of Loan Purchase money for 1031 Exchange Exit Strategy Refinance with -LSB-...]

Not exact matches

Finally, the SBA notes that loans that they guarantee are only to be used for specific business purposes, including «the purchase of real estate to house the business operations; construction, renovation, or leasehold improvements; acquisition of furniture, fixtures, machinery, and equipment; purchase of inventory; and working capital.»
When purchasing inventory or with any loan purpose tied to a specific ROI target, minimizing the cost of financing to increase the potential ROI is an important consideration.
Many banks will also require a borrower to insure an asset being purchased over the course of a loan (with an insurance policy acquired for that purpose), to protect the value of the asset being purchased with the loan proceeds.
The two most identified loan purposes of the small businesses participating in the survey were to purchase equipment (54 percent) or to purchase inventory (51 percent)-- both purchases tend to be very total dollar cost sensitive.
This could be a good fit for many loan purposes including the purchase of commercial real estate, funding a large expansion project, purchasing equipment that will be depreciated over many years, along with many other longer - term financing needs.
You can use these loans for a variety of purposes, including home improvement, debt consolidation, or a big purchase.
The loan - to - value ratio is a critical component of mortgage underwriting, whether it be for the purpose of purchasing a residential property, refinancing a current mortgage into a new loan, or borrowing against accumulated equity within a property.
Of the $ 255 million in proceeds from the transaction, approximately $ 51 million will be held by the Trust until it purchases all or a portion of the remaining loans or, if not used for that purpose, returned to the investorOf the $ 255 million in proceeds from the transaction, approximately $ 51 million will be held by the Trust until it purchases all or a portion of the remaining loans or, if not used for that purpose, returned to the investorof the remaining loans or, if not used for that purpose, returned to the investors.
The FHA offers mortgages for the purchase of a home loan as well as for refinance — either for interest - rate reduction or for cash - out purposes.
The following payment example assumes a loan with points and that the purpose of the loan is to purchase a property, with a loan amount of $ and an estimated property value of.
While the primary purpose of the program is to help charter schools, «Finance school building projects, including the construction, purchase, extension, replacement, renovation or major alteration of a building to be used for public school purposes,» the law does allow charter school companies to seek grants to, «Repay debt incurred for school building projects, including paying outstanding principal on loans which have been incurred for school building projects.»
These forms are used for loans for the purpose of purchases, refinances, construction or home equity loans.
The purpose of having the FHA insure these loans is to encourage people who may not otherwise be able to secure a traditional loan to purchase a home.
Finally, these changes apply to both purchases and refinancing: VA loans appear easier to obtain today, regardless of your loan purpose.
While car loans and mortgages are used to finance specific purchases, personal loans can be used for a variety of purposes, including debt consolidation, building credit, or funding everyday expenses.
5.60 percent of payday loan consumers use the product to make a large purchase like a television, and 2.60 percent of borrowers use the loans for entertainment purposes.
For Parents, Family and Friends: CHOOSE ANY OF THESE SERVICES - Visa ® Debit Card - Free checking, cash - back rewards, 1000 free ATMs, free Mobile Banking - Visa ® Credit Card - Free balance transfers, low rates, cash - back rewards - Auto Loans - Low rates on purchase or refinances - Home Equity Lines of Credit - Low rates for home improvements, tuition, weddings or other special purposeOF THESE SERVICES - Visa ® Debit Card - Free checking, cash - back rewards, 1000 free ATMs, free Mobile Banking - Visa ® Credit Card - Free balance transfers, low rates, cash - back rewards - Auto Loans - Low rates on purchase or refinances - Home Equity Lines of Credit - Low rates for home improvements, tuition, weddings or other special purposeof Credit - Low rates for home improvements, tuition, weddings or other special purposes.
- The purpose of the loan (e.g., purchase vs. refinance)- The amount you want to borrow - How you plan to use the home (primary residence, income property, etc.)- The type of property you are buying (detached home, multifamily, condo, etc..)
For customers who borrow money from IB to purchase securities, IB is permitted by securities regulations to utilize for financing purposes up to 140 % of the loan value of the stock these customers hold with IB.
As on date, HDFC carries on the business of financing by way of loans for the purchase or construction of residential houses, commercial properties and certain other purposes, in India.
The loan - to - value ratio is a critical component of mortgage underwriting, whether it be for the purpose of purchasing a residential property, refinancing a current mortgage into a new loan, or borrowing against accumulated equity within a property.
If you used the proceeds of a home loan for business purposes, enter that interest on Schedule C if you are a sole proprietor, and on Schedule E if used to purchase rental property.
SBA loans can be used for a variety of purposes, including starting a business, financing business expansion, purchasing real estate or equipment, and more.
This could be a good fit for many loan purposes including the purchase of commercial real estate, funding a large expansion project, purchasing equipment that will be depreciated over many years, along with many other longer - term financing needs.
In order for us to assist our customers with a particular form or service that is provided or offered on our Web pages we request that our customers voluntarily supply us with personal information, including, but not limited to, email addresses, phone numbers, and mailing addresses for purposes of fulfilling requests inclusive of, but not limited to, assistance with purchase or refinanced mortgage and real estate services in addition to requests for home loan related assistance in general.
The two most identified loan purposes of the small businesses participating in the survey were to purchase equipment (54 percent) or to purchase inventory (51 percent)-- both purchases tend to be very total dollar cost sensitive.
One of the biggest advantages of personal loans is that you can utilize the funds for any purpose you want, such as wedding, business investment, purchase of a gadget, a holiday, medical treatment, education expenses, home renovation etc..
The main purpose of the VA home loan program is to help veterans finance the purchase of homes with favorable loan terms and at a rate of interest which is competitive with the rate charged on other type of mortgage loans.
This is our review of SoFi personal loans (which can be used for any purpose, from major purchases to consolidating and refinancing credit card debt).
The originations segment originates and purchases mortgage loans with the purpose of replenishing run - off in the servicing portfolio from prepayments and repayments.
(A) «Buyer» means an individual who is solicited to purchase or who purchases the services of a credit services organization for purposes other than obtaining a business loan as described in division (B)(6) of section 1343.01 of the Revised Code.
For purposes of our SBA loan topic when considering permanent life insurance, it is most important to understand that (in addition to term life) the required death benefit to satisfy SBA can be purchased in a number of ways that offer additional lifetime and strategic benefits.
The credit union has a number of special purpose loans for educators, including ones for computer hardware and software purchases, classroom supplies, uniforms and special curricula costs.
Unlike a mortgage or a car loan, where your purchase serves as a collateral, and funds lent may not be used for any other purpose, unsecured personal loans truly provide a freedom of spending.
The FHA offers a variety of loan options to meet various needs, including purchasing, refinancing, home improvement and even tapping home equity to obtain funds for various purposes.
There are many banks that offer loans for the purpose of land purchase.
The information provided assumes the purpose of the loan is to purchase a primary residence, single - family dwelling in Utah with a 20 % down payment.
on the portion of the loan you use for private purposes (for example, money you use to purchase a new car or invest in a super fund)
Do not sign a business purpose declaration if the loan is for a personal or domestic purpose, including the purchase of residential property.
But in the case of unsecured loans, you can use the loan for various purposes ranging from debt consolidation to purchase of anything that interest you.
The loan proceeds must be payable to the contractor or service provider, or the Customer must provide an estimate, purchase order or bill of sale supporting the purpose.
Regarding the purpose of the loan, VA loans are for the purchase or repair of a home which will serve as the borrower's primary residence.
Founded in 1994 for the sole purpose of providing mobile home loans for consumers that live in or want to purchase a manufactured home.
The main purpose of the VA home loan program is to help veterans finance the purchase of a home with favorable loan terms and a competitive interest rate when compared to other mortgage loan programs.
a) the loan is free of interest; b) the minimum maturity period of the loan is seven years; c) The amount of loan is received by inward remittance in free foreign exchange through normal banking channels or by debit to the NRE / FCNR account of the non-resident lender; d) The loan is utilised for the borrower's personal purposes or for carrying on his normal business activity but not for carrying on agricultural / plantation activities, purchase of immovable property or shares / debentures / bonds issued by companies in India or for re-lending.
Before deciding to purchase a short sale property, it is important to understand the basics of a short sale, the limitations on using a VA Home Loan for this purpose and whether or not this transaction is worth the risk.
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