Sentences with phrase «above average borrower»

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Refinancing can be a great option for many borrowers with federal and private student loans that have above - average interest rates.

However, it is important to note that the average credit score of borrowers is above 700.

During the fourth quarter — October through December — the average cost of new - car loans for borrowers with the best credit (what the industry calls «super prime» borrowers with credit scores of 781 and above) was 3.17 %.

Approved borrowers usually have solid repayment history on all student loans, above - average credit scores, and well - paying jobs.

SoFi doesn't have a set minimum credit sc ore, but on average their borrowers have a score of 700 or above.

AimLoan is a good choice for borrowers with above - average credit scores who don't mind managing their mortgage application online.

We recommend SoFi for borrowers with good to excellent credit scores above 700 and Avant for borrowers with average credit scores below 680.

Highly qualified borrowers with a credit score above 740 averaged a 2.98 % interest rate toward the end of 2012.

A JD Power survey of mortgage borrowers found that Citibank landed just above the industry average for satisfaction in home loan customer servicing, putting it behind two of the three major US banks.

And while TD's share of originations is tiny compared to these competitors, it has maintained an above - average JD Power Rating for consumer satisfaction among borrowers who rely on its loan servicing.

So, over the long haul, a borrower with above average to excellent credit will often find that a conventional loan is more attractive and economical.

Only novel and risky business and investment initiatives could potentially offer above - average returns the borrower may then use as an earnings reward for investors.

However, to be eligible, the borrower should have a very good credit, above average income and significant assets.

However, borrowers with above average credit or excellent credit will probably get better interest rates through traditional lending options such as personal bank loans, lines of credit, and credit card loans.

The table above assumes a borrower with the average level of debt for those graduating from a public four - year university, with adjusted gross income of $ 30,000.

On the other hand, some borrowers will qualify for a rate that is lower than the averages shown above.

Lending Club only deals with borrowers with good and above average credit scores and charges an origination fee of 1 % to 6 % of the loan's value.

Using the average rates above, here's about how much each borrower would pay on a 48 - month loan:

TALF requires the borrower to contribute equity (the «haircut») of at least 15 % of the par value for any CMBS with an average life of five years or less, plus an additional 1 % for each average life year above five.

Even FHA (Federal Housing Administration) loans, which have traditionally catered to borrowers with lower FICO scores, have an average borrower credit score of 693, according to CNN Money, which is above the national average.