Sentences with phrase «alternative loan products»

It worked with the Center for Responsible Lending to warn consumers about the risks of using alternative loan products and lobbied Congress to pass a temporary home buyer tax credit to help sustain sales.

We're empowering today's serious real estate investor with best - in - class alternative loan products.

For those who can't qualify under conventional lending standards, there's a market for alternative loan products.

Not exact matches

A less conventional but quicker and more effective solution to securing capital is through alternative options from companies like PayPal, Fundbox and IndieGoGo, which provide products such as PayPal Working Capital, merchant cash advances, peer - to - peer loans and crowd - funding to help retailers fund seasonal staffing and manage cash flow for increased inventory.

Traditional bank loans take more time to close than higher cost alternative lending products.

This includes most alternative lending products such as merchant cash advances and short - term loans or credit lines with daily or weekly payments.

Our Global Market Strategies segment, established in 1999 with our first high yield fund, advises a group of 46 active funds that pursue investment opportunities across various types of credit, equities and alternative instruments, including bank loans, high yield debt, structured credit products, distressed debt, corporate mezzanine, energy mezzanine opportunities and long / short high - grade and high - yield credit instruments, emerging markets equities, and (with regards to certain macroeconomic strategies) currencies, commodities and interest rate products and their derivatives.

While there are several advantages to alternative lending, it's critical you carefully review and evaluate various loan product, so you don't fall prey to predatory lending.

While Currency offers a variety of financing products, you may be considering a loan from a different alternative lender.

P2P loans (peer - to - peer loans) and invoice financing facilities are a real alternative to bank loans for business or SME owners to borrow money, and investors can invest in such loans and invoice financing as an alternative to the financial products of the banks with attractive potential returns.

According to D. Steve Boland, managing director for consumer lending at Bank of America, the company's new loan product gives eligible borrowers a much - needed alternative to the Federal Housing Administration's program:

While these products are delivered «off the shelf» by large national banks to big customers, there is literally no small bank alternative for such lower - middle - market commercial loan customers.

Unlike consumer loans, most alternative finance products do not require collateral or personal recourse.

Despite their relatively high risk from a traditional credit - scoring perspective, «those who maintain satisfactory payment status on alternative loans can in fact present acceptable risks on traditional credit products,» says Matt Komos, TransUnion's vice president - research and consulting.

Consumers who have taken out alternative loans multiple times and paid them back have a significantly lower probability of delinquency on a traditional credit product.

Most banks will offer term loans and lines of credit, but many alternative lenders offer these products in addition to specialty financing — such as accounts receivable financing, merchant cash advances or invoice factoring.

If we are unable to find you a loan we may offer you an alternative product.

Some alternative products — merchant cash advances or invoice factoring, etc. — will have higher APRs than traditional options, such as bank or SBA loans.

• Further explain a reverse mortgage • Tell you about reverse mortgage product options • Go over reverse mortgage costs, such as the total annual cost • Help you determine your borrower eligibility • Help you determine if you can afford a reverse mortgage • Help you determine if you can meet all financial obligations such as maintaining your taxes and insurance • Expose you to alternative options like tax deferral programs, grant money, financial assistance, etc. • Explain how your choice can impact your heirs and estate • Go over loan comparisons

On the occasion we are unable to offer you a loan, we will link you to a panel of consumer credit companies who may be able to offer you a similar or alternative product based on the information you have provided.

Offer you alternative options — In the event that we are not able to help you we are also a broker and we will link you to consumer credit companies who might be able to offer you: loan products, with loan terms from 1 to 36 months, loan comparison websites to give you access to the comparison of loan products or credit reports companies to help you understand credit ratings and make informed credit decisions.

CitiMortgage, a large - scale lender with a full menu of home loan products, offers low down payment options and considers alternative credit data.

Normally, making a loan inquiry from a bank may lead to several pitches trying to convince you to buy some alternative products.

While Currency offers a variety of financing products, you may be considering a loan from a different alternative lender.

Balloon loans are popular among financial institutions as an alternative to leasing, especially in states like Texas, which impose a property tax on leased products.

For self - employed borrowers many of our investors are coming out with alternative mortgage products, like bank - statement mortgage - loan programs that allow your monthly deposits to be used as your income.

As for other «safe» alternatives — promissory notes, commercial bridge loans and similar products — I don't think they should play any role in an emergency fund.

If Monevo are unable to find you a loan, they may offer you an alternative product.

According to D. Steve Boland, managing director for consumer lending at Bank of America, the company's new loan product gives eligible borrowers a much - needed alternative to the Federal Housing Administration's program:

Compared to other alternative lenders that can provide funds in 48 hours or less, OnDeck offers a lower range of APRs and higher loan limits on its products.

Under Tamara's direction, Vancity achieved the highest profits in the organization's 70 - year history and became the first Canadian financial institution (FI) invited to the Global Alliance for Banking on Values; the first carbon - neutral FI in North America; the largest Canadian private - sector living wage employer, and one of the first to create an alternative product to high - interest payday loans.

For example, we maybe able to offer you an alternative to eliminating your debt, like taking advantage of one our mortgage products or applying for a personal loan for consolidating debt.

Borrowing money through a short - term loan product might cost you more than a traditional bank loan, but when you factor in the speed, flexibility, and smaller funding sizes offered by alternative lenders, working capital loans are often more attractive.

Though some traditional loans may have lower rates, those loans will also be over a much longer period of time, and when you consider all other factors involved in borrowing business capital — the time involved in obtaining the loan, the overall customer experience you get by utilizing non-bank lenders for your needs — alternative lending products can lead to great success for your company.

-- Experts say they're a headache, issuers rarely offer it, yet the co-signed credit card may be making a comeback as a more - regulated industry searches for lost profits... (more) 4 questions to ask before you co-sign on a credit card — Explore alternatives and find out what you're in for with these questions for anyone who asks you to be a co-signer on a credit car or other loan... (more) Issuer of 79.9 percent interest rate credit card defends its product — Subprime credit card marketers are looking for ways around new restrictions on sky - high fees for bad credit cards.

Consider as well that new products like high - risk installment loans have been introduced into the market as an «alternative» to payday loans.

RISE was founded in 2013 as an alternative to payday loans and other products marketed to higher - risk borrowers who need access to money.

Traditional bank debt and lines of credit still account for most of Joe Debtor's personal loans; however, the use of alternative lending products has grown.

Also, it is anticipated that the secured loan market will further grow especially with the expansion of loan product offerings and an increasing acknowledgement from brokers that secured loan products are a practical alternative to the conventional mortgage products.

As alternative lenders step up their activity this year, the stretch senior loan is a hybrid product that borrowers can turn to...

• Further explain a reverse mortgage • Tell you about reverse mortgage product options • Go over reverse mortgage costs, such as the total annual cost • Help you determine your borrower eligibility • Help you determine if you can afford a reverse mortgage • Help you determine if you can meet all financial obligations such as maintaining your taxes and insurance • Expose you to alternative options like tax deferral programs, grant money, financial assistance, etc. • Explain how your choice can impact your heirs and estate • Go over loan comparisons

This matrix should be used to find lenders that offer loan programs with FICO scores as low as 500, alternative income documentation and ARM / fixed hybrid products for 1 - 4 unit single - family residences, townhomes and condominiums.