Sentences with phrase «approved by the lender»

They may be able to help you craft a good settlement offer that will have a better chance of being approved by your lender and the SBA.

It is possible to qualify for a mortgage even with a poor credit score, but good credit scores of 670 or higher are more commonly approved by lenders, and very good to exceptional credit scores above 800 are the most attractive to lenders.

You can be approved by the lender but denied by the mortgage insurance provider.

The homeowners association must submit an application package for review if the complex is not already approved by the lender.

If matched and approved by a lender the money could be in your account in as fast as one business day!

Could be a waste of time or a big commission, depending on whether you can «get them bought» (approved by a lender for a car loan).

Users requested to borrow a book, and each request had to be approved by the lender.

If your loan application is not approved by a lender or withdrawn by you, you will receive an email notifying of the action.

The down payment is the difference between the cost of the property and the loan amount approved by your lender.

Deferment occurs under circumstances approved by the lender, most commonly enrollment in school.

If you have any reason to doubt whether you will be approved by a lender, you may want to go ahead and fill out a couple applications with different lenders.

It's not a rubber stamp though — you'll still have to be approved by a lender in the private mortgage market.

You need to prepare your mind that not all mortgage loan applications are approved by lenders.

However, if the loan was closed after March 1,1988, and it will be assumed, the qualifications of the assumer must be reviewed and approved by the lender or VA..

If the Debtor is not able to make a full mortgage payment and an additional payment, then a forbearance agreement will not be successful and probably will not get approved by the lender.

If you are not familiar with short sales the vast majority of them are NOT approved by the lender prior to a buyer making an offer on one.

If you are approved by your lender for a short - term loan, the loan amount can often be transferred directly into your bank account as soon as the next business day.

The loan is first approved by the lender and then sent to the local USDA field office to be insured.

But to extend your mortgage, or qualify for a home equity line of credit, you still must be approved by a lender and your debt service ratios must be within allowable limits.

Lender A is not part of Lender B's limited time offer, and again, it's not clear Joe would have been approved by Lender B anyway.

For buyers who are able to eliminate PMI eventually, it comes only after the borrower has paid down the balance of the loan and has a minimum of 20 % equity in the home (plus, the appreciation must be approved by the lender).

All loans must be reviewed and approved by the lenders.

An important aspect of being approved by a lender for a mortgage loan is an individual's credit score.

Once you have been approved by your lender, reviewed their policies, and then signed a loan agreement, your funds should be available as soon as the next business day.

You don't have to have perfect credit to get approved for a loan; however, it's true that the higher your income and credit score are, the more likely you are to get approved by a lender.

This applicant may meet the minimum credit standards established by the GSEs or HUD, but may not be approved by the lender because the score falls below its credit quality criteria.

A credit limit will also be applied to the credit line to prevent credit card holders from borrowing more than what is approved by the lender.

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!

There are two caveats here, one is that the buyers must be approved by the lender and the VA to assume your loan and when you transfer the loan to a buyer, your original entitlement isn't restored.

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 have been approved by another lender for a lower qualifying rate: Customers who have already been approved for a LightStream loan can contact LightStream customer service.

An administrative forbearance may be used for temporary suspension of collection activity while researching borrower disputes, awaiting bankruptcy and death documents, or for other circumstances as approved by the Lender.

There is no guarantee that you will be approved by the lender or that credit will be extended to you.

The interest rates approved by your lender depend mostly on the strength of your credit score (and then there's the fee to pull your credit report to begin with).

The answer is no, unless there was an additional clause added to the agreement that gave the seller the right to provide the financing in the event the buyer was not approved by the lender.

But you can take measures to protect yourself by following two core principles: Know the sellers» financial condition and disclose up front to potential buyers that the transaction will ultimately need to be approved by the lender.

Buyers who waive a contingency on their loan having to be approved by a lender first may better their chances.

Once your loan has been approved by your lender and the home has passed the VA appraisal it's time to sit with your agent at the closing table for one of the more exciting days of your life.

If the lender is offering a free service, make sure it's really free and approved by the lender, not something the client would pay for in the form of a higher interest rate.

You can be approved by the lender but denied by the mortgage insurance provider.

Not only will this be saving you money, this could also allow you to purchase a more expensive property, if the request is approved by the lender.

Not exact matches

An independent expert's report into Atlas Iron's debt restructure plan has found lenders would get a much lower dividend if the scheme isn't approved by creditors later this month.

More than two - thirds (67.3 %) of funding requests are approved by alternative lenders, who picked up the slack from the SBA slowdown and are now offering more lucrative terms to borrowers.

Often times you will know right after you apply if your credit limit increase is approved or not by the lender.

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 loans are extended by SBA - approved lenders and partially guaranteed by the SBA (usually 75 % to 85 % of the loan amount).

You can get funds within 24 - 48 hours after you are approved for a loan, and APRs range between 19.99 % and 49.99 %, which is comparable to rates offered by other online lenders (though this still may be higher than APRs offered by a bank or credit union).

These loans are sponsored by the government's Federal Housing Administration (FHA) and distributed by FHA - approved private lenders.

When you are approved for secured financing, a lender will file a UCC - 1 financing statement with the secretary of state (SOS), creating a lien against the asset (s) in particular (unless the lender files a blanket lien naming all assets) that's being used by the borrower to secure the financing.

The amount of time it takes to approve a mortgage application will vary by lender, and by current market conditions.