Sentences with phrase «additional cash reserves»

Lastly, be mindful that some lenders may require additional cash reserves so don't plan on spending everything you have on your home.

You'll need it for your down payment (maybe), your closing costs, and possibly additional cash reserves.

Some lenders will want to see additional cash reserves in the bank as well, especially if you are viewed as a higher risk borrower for some reason.

Your lender might require you to have additional cash reserves, as well (explained below).

Lastly, be mindful that some lenders may require additional cash reserves so don't plan on spending everything you have on your home.

A higher level of debt might be allowed if there are certain «compensating factors,» such as a minimum increase in monthly housing costs, or additional cash reserves.

A higher level of debt might be allowed if there are certain «compensating factors,» such as a minimum increase in monthly housing costs, or additional cash reserves.

Lastly, be mindful that some lenders may require additional cash reserves so don't plan on spending everything you have on your home.

Not exact matches

The only additional expenses you pay associated with the mutual funds held in a Fidelity Go account will be for certain expenses of the core Fidelity money market fund position for your account, the Fidelity Government Cash Reserves Fund (FDRXX).

In the event you are taking withdrawals from your four year cash reserve due to being in a severe, long - term falling market, when the market turns up again, continue taking your withdrawals from the cash reserve for an additional 18 months to two years to allow the market to rise significantly (the market almost always rises fast during the first two years of an up market period) before switching back to taking withdrawals from your stock mutual funds.

The People's Bank of China has reduced reserve requirements, infused the markets with additional cash to combat liquidity concerns, and attempted to stem the flow of investment capital leaving the country.

Vito Sciscioli, the land bank's volunteer chairman, said the organization needs to build up cash reserves to cover the cost of stabilizing and maintaining hundreds of additional properties, many of which are vacant and blighted.

School superintendents across the state had hoped that lawmakers would provide additional help, by allowing districts to set aside extra cash reserves to meet the costs of pensions covering teachers, guidance counselors and other professional school staffers.

The report does not specify what the money has been spent on but councils said cash reserves could be used, for example, to invest in additional resources, staff or capital projects.

Please explain why it makes sense for me to make additional principle payments toward my student loans and not invest or save for cash reserve?

I would build up a cash reserve which I would invest in the stock market to make returns substantially over my mortgage rate but any additional money I would put into paying off my mortgage.

Any additional monies go into cash reserves and real estate.

FHA insurance provides an incentive for lenders to loan money to individuals without requiring additional cash for a bigger down payment or significant personal cash reserves because the agency's insurance will pay the lenders if the borrowers default.

In order to realize your home savings goal, you would need an additional $ 36,000 on top of your current cash reserve to afford a 20 percent, or $ 60,000, down payment on a $ 300,000 home.

If you will not have a cash reserve after paying closing costs and the down payment, the lender may recommend that you postpone buying a house until you've saved additional money.

When buying a home after bankruptcy, borrowers often face additional requirements for cash reserves.

But expansion often requires additional cash outlays beyond startup costs that many business owners don't readily have in reserve.

Cash Reserves: Some mortgage lenders will require you to have additional money in the bank, beyond what is needed for your down payment and closing costs.

Segmenting a liquidity portfolio into operating cash, reserve cash and strategic cash allows for an optimal outcome: additional return / income within acceptable levels of volatility.

Two of the following: verified and documented cash Reserves; minimal increase in housing payment; significant additional income not reflected in Effective Income; and / or residual income.

On the other hand, there are those who eventually end up maintaining an additional «cash» position beyond their emergency fund and as part of their investment portfolio; this would mean having redundant cash reserves lying around.

If you are sitting on a large cash reserve in your policy, then gobbling up some investment properties or dividend yielding stocks to create additional passive income might be an excellent decision.

The yearly amount of increase in the total reserve (i.e., the guaranteed cash value and the nonguaranteed cash value of the additional paid - up insurance purchased each year).

The cumulative total amount of reserve (i.e., the guaranteed cash value), including the nonguaranteed cash value of the additional paid - up life insurance purchased each year, starting at the beginning of year two, with the yearly declared paid dividend.

But buying Ramco would also force Equity One to take on $ 670 million in additional debt and possibly eat into its cash reserves, which at the end of last year totaled just $ 5.4 million, says Jason Lail, senior real estate analyst with SNL Financial LC, a Charlottesville, Va. - based research firm.