Sentences with phrase «age of the borrower»

However, the house must not be more than 35 years old and the maximum age of the borrowers should be within retirement age.

Find out whether the age of the borrower on a mortgage application is considered a major factor in the chances of approval.

The amount of money available from a reverse mortgage is based on the age of the borrowers, interest rate, and property value.

The age of the borrower, or of the age of the younger spouse; the older the homeowner, the more money the homeowner is eligible to receive

The amount that you can borrow is based on current interest rates, the lesser of the home's appraised value or the FHA loan limits for the area; and the age of the borrower (s).

The maximum loan amount depends on the age of the borrower, the expected interest rate and the appraised value of the property.

Payin g of f student l oans, regardless of the age of the borrower, can often be difficult.

Rates are determined based on the age of the borrower on the date of the insurance application.

Rates are determined based on the age of the borrower on the payment due date.

This amount is dependent on a number of factors including the age of the borrower, the appraised value of the home or FHA mortgage limits in the area, and the current interest rate.

With reverse mortgages the amount borrowed is determined by the age of the borrower, the value of the home, and the current interest rate.

This can be 10 years, 15 years, 20 years, 25 years or 30 years, depending on the lender and the age of the borrower.

Our assumption of a 2.25 percent lender's margin coupled with setting the age of the borrower at 62 leads to a PLF of 53 percent in today's interest rate environment.