Sentences with phrase «accept lower interest payments»

The big sticking point in the negotiations was getting investors who purchased the mortgages, after they were bundled into mortgage - backed securities, to agree to accept lower interest payments.

Not exact matches

In return for this lower rate, the borrower must accept the risk that the interest rate on the loan most likely will rise in the future, thereby increasing the number of monthly mortgage payments.

You can reduce monthly payments by getting a lower - rate mortgage of the same or greater length as your current loan, but doing so generally means accepting a greater cost in total interest.

Creditors are often willing to accept reduced payments or lower interest rates to decrease your chances of filing bankruptcy.

wish to benefits from the lowest rate possible can not qualify for higher rate programs are willing to accept annual payment changes When shopping for a mortgage, borrowers should research current interest rates and keep an eye on rate activity.

Creditors have been known to lower your monthly interest rates, accept a lower monthly payment, or re-age your accounts so they are current, instead of in arrears.

We also accept CareCredit, so please ask about this low - interest payment option.

It is largely accepted that an increased down payment translates to more favorable mortgage terms (lower interest rates, etc).

The program accepts single family homes and condos, and residents who qualify have access to interest and principal payment reductions, as well as low closing costs.