Sentences with phrase «approve loan applications based»

Each lender has its own underwriting team that works to approve loan applications based off a pre-set foundation of lending criteria.

Not exact matches

Developmental lending as practiced by IBC involves providing financial services (primarily loans) to aboriginal people who, for a variety of cultural and / or financial reasons, are alienated by mainstream lending institutions; approving loan applications on the basis of typical financial considerations while taking into account the potential for positive social or community outcomes; and evaluating social outcomes resulting from the loan portfolio over the long term.

Fueled by web - based tools that speed up the application process, a new paradigm for evaluating credit worthiness, and the ability to leverage technology to help them determine eligibility (often in under an hour), these lenders may approve business loans that might be overlooked by traditional banks, and can typically do it in much less time than their traditional counterparts.

These mortgages are usually approved based on a set of conditions at the time of your application, and unless the home is built quickly, any change in financial status or the lender's underwriting guidelines could impact the terms of your loan.

During the loan application process, we approve the loan based on the property, not the person.

Your loan is approved when the lenders officially grant you a mortgage, based on the information you proved in your loan application.

Your application will be assessed and if approved, you will be given a loan based on how much equity you hold and how much the lender thinks you can afford to repay.

They scramble to provide you the most competetive loan at the best rate based on the sense of immediacy we create by requiring them to approve or deny your application fast.

Sallie Mae reserves the right to approve a private student loan for less than the full amount of the certified cost, based on the borrower's application and need.

Based on the lender's financial review, they will either approve or reject your mortgage loan application.

Right out of school I had applied, and was approved for, an income based repayment plan on my loans, and that had continued every year prior, but the year that my income stopped, without warning, my application for income based repayment was denied.

Once approved by our lender, accept the loan, sign the lending document online (typically no documentation needs to be faxed, but that varies based on each individuals application) and your cash should be on the way, typically within the next business day!

Once approved by a lender, you simply accept the loan and electronically sign the loan documents online (typically no documentation needs to be faxed, but that varies based on each individuals application) our cash should be on the way, typically within the next business day!

If you decide to apply for a loan through a bank or other lender, the lender will review your application and if you are approved, will decide your interest rate based on the factors discussed above.