Sentences with phrase «amount loaned against them»

The assets in question are technically in compliance with the rules of the Fed, but are worth far less than the amount loaned against them.

Not exact matches

If your bank has exhausted all avenues for recovering the debt but still has not recovered the full amount of the loan, they can make a claim to the Small Business Administration against the guarantee the administration put on the loan.

The policy loan provision stipulates the amount you can borrow against your cash value, the rate of interest, and other terms for policy loans.

By exchanging loans for equity that would be worth little if the companies already are struggling to pay off debts, banks would be required to sharply bump up the amount of capital they set aside against such equity holdings, which are considered more risky than loans.

The reserve amount is referred to as the reserve requirement because it is the amount banks must hold in reserves against liabilities or loans outstanding.

Mortgage insurance is the first level of credit protection against the risk of loss on a mortgage in the event a borrower is not able to repay the loan and there is not sufficient equity in the home to cover the amount owed.

The chart differentiates loans in three ways: 1) duration of loan (more or less than 15 years), 2) loan amount (more ore less than $ 625,000), and 3) loan - to - value (LTV: size of the loan against the value of the home).

These small emergency loans come with a three - digit interest rate against a very nominal amount determined by the lender to be paid in 30 days.

It's simple to borrow against the cash value of a permanent life insurance policy as there are no loan requirements or qualifications aside from the amount of cash value you have available.

In general, whole life policies have two parts — a guaranteed cash value (that you need to cash in the policy to get, or alternatively, get a loan against) or «dividends», which is an amount that has built up over the years that you are able to withdraw without surrendering the policy.

Please remember that refusal or failure to pay back your cash advance may result in legal action against you by The Lender in an attempt to collect the advanced loan amount, interest and costs of collections.

Please remember that refusal or failure to pay may result in legal action against you by The Lender in an attempt to collect the loan amount, interest and costs of collections.

The difference between your home's current value and the balances of mortgage loans owed against it is the approximate amount of your home equity.

If a loans meets the following tests, it is covered under the law: 1) For a first - lien loan otherwise referred to as the original mortgage on the property - the Annual Percentage Rate (APR) exceeds by more than 8 percentage points compared against the rates on Treasury securities of comparable maturity; 2) For a second - lien loan otherwise referred to as a 2nd mortgage - the APR (Annual Percentage Rate) exceeds by more than 10 percentage points compared to the rates in Treasury securities of comparable maturity; or the total points and fees payable by the borrower at or before closing exceed the larger of $ 561 or 8 % of the total loan amount.

A car owner puts their car up as collateral against the amount of money they're looking to borrow, so the type of car they own, and its value, is important when assessing the potential loan amount.

If someone has a loan out against their policy and is handed a pink slip they often have only two months to repay the loan amount in full or they must pay taxes on the withdrawn amount even though they intended it to be a loan, not a withdrawal.

A HELOC can also be a good option if you plan to borrow smaller amounts over a longer period of time, just remember to weigh the benefits of borrowing money against the costs of closing a loan, which may include application, appraisal, and title fees.

Has the face amount been reduced by loans against the policy?

How much can you get: Loans amounts range from $ 500 to $ 100,000, although these are really lines of credit from Kabbage that you can borrow against.

With this type of loan, you will be able to write «checks» against the amount of the line - of - credit, which may be as much as 125 % of the value of your home.

Secured loans against real estate properties are least risky and therefore come in good enough amounts to pay off other expensive loans.

Buyers who go up against multiple offers need to have a pre-approval for a loan that will enable them to make a strong offer of their own, and they need to set a maximum amount they're comfortable spending.

Private mortgage insurance (MI) enables these borrowers to qualify for a conventional loan by insuring the lender against potential losses in the event a borrower is not able to repay the loan and there is not sufficient equity in the home to cover the amount owed.

Over time, your monthly mortgage payments will pay down the amount of the loan against the home.

Invoice lenders loan funds against amounts invoiced.

A motor vehicle title lender is also prohibited from threatening or beginning criminal proceedings against you if you fail to pay any amount owed in accordance with your loan agreement.

If an individual wish to purchase a car, then he could get secured car loan by placing his resource as a guarantee against the amount borrowed.

A home's loan - to - value ratio (LTV) measures the market value of the home against the amount currently remaining on the loan.

Bad credit secured loan is where you offer a collateral against the amount of loan that you want to borrow.

In general, a motor vehicle title lender can not seek a personal money judgment against you if you fail to pay any amount owed in accordance with your loan agreement.

The loan itself will typically be unsecured if you are borrowing less than # 5,000 or secured against your home if you want to borrow a larger amount (this is why you should always speak to your mortgage company about remortgaging first, as it is often a cheaper alternative).

You apply the ROC distributions against the principal, then take out a loan (amount equal to the ROC distribution used to pay down the principal) and invest in the same fund.

Otherwise you should be addressing the larger issues you are facing, rather than just placing this one - off amount against the loan without thinking.

Furthermore, additional complaints were lodged against Navient that should cause borrowers to closely inspect their loan terms and repayment amounts.

The amount of debt secured against your property does not exceed 85 % of the current market value (this is called the Loan To Value).

The Consumer Financial Protection Bureau (CFPB) sounded the alarm about online loan services, filing a lawsuit against CashCall Inc., for collecting exorbitant amounts of money the bureau says consumers didn't owe.

Each application must be accompanied by evidence of a surety bond, in a form approved by the administrator in the aggregate amount of $ 25,000, to run to the State for use by the State and any person or persons who may have a cause of action against a loan broker.

A secured loan is protected by putting up the amount of the loan against some thing as collateral.

If your bank has exhausted all avenues for recovering the debt but still has not recovered the full amount of the loan, they can make a claim to the Small Business Administration against the guarantee the administration put on the loan.

Student - loan debt collectors should be brought under control and some limit should be placed on the amount of fees and penalties that can be assessed against debtors who default on their loans.

Keep in mind that loans against the policy will accrue interest and decrease both death benefit and cash value by the amount of the outstanding loan and interest.

Contrast this against a term loan, where you borrow a fixed amount upfront and repay it, with interest, in fixed installments without the ability to reborrow the same funds.

When Canada Student Loans gets the dividend from the bankruptcy it will undoubtedly be applied against your account, thereby reducing the amount of student loan outstanding.

It does impact your ability to take out other loans (to an extent) Your first investment property is going to go against your debt to income levels, so if you take out a loan, you've essentially decreased the amount you can borrow before you hit a lender's debt to income ceiling.

May have option of an offset account, where the amount in your savings account is offset against your loan balance to reduce interest payable

To protect lenders against loss if amounts withdrawn exceed equity when the property is sold, FHA insures HECM loans.

Payday loans are an advance that allows a consumer to get a small amount of cash, for a high fee, on a short - term period against his or her next paycheck.

If you have a home equity loan or line of credit, your home equity lender would also have to agree to eliminate its lien against your property or reduce the home equity loan amount and sign a subordination agreement.

For a Secured Business loan, the borrower needs to pledge something as collateral or security against the loan amount taken.

Can I take benefit under 80C for the principal amount paid against home loan?