Sentences with phrase «as borrowers»

Both you and your spouse must be older than 62 years of age and both of you have to be listed on a reverse mortgage as borrowers.

We are very excited about this news, as borrowers utilizing FHA finance will save a significant amount of money every month.

Great Lakes is responsible for handling payments for millions of borrowers with student loans issued by the Department of Education as well as borrowers with private student loans.

Investors purchase Notes corresponding to different loans, grades, and terms, then receive monthly principal and interest payments as borrowers pay off their loans.

On the other hand, the WSJ tells us to avoid financial stocks because they might suffer in an economic downturn as borrowers have difficulty paying loans back.

Those are real questions, and we, as borrowers simply do not have control over these very important variables.

This tool helps to reduce risks as well as borrowers are able to make well - informed decisions.

The long - running slide in mortgage payments 60 or more days past due will continue next year, and perhaps even longer as borrowers benefit from favorable economic conditions.

Peer - to - peer online lending has existed since the mid-2000s and has taken off as borrowers have explored alternative financing methods.

The purpose of the counseling is to give students the opportunity to review borrowing limits and disbursement procedures, and confirm that students understand their rights and responsibilities as borrowers.

As some borrowers lag behind in paying bills, lenders are starting to raise standards.

FHA as borrowers have little investment in their homes and are perceived to be more likely to abandon ship when hard times arrive.

Their incredible level of customer service often comes up next, as borrowers applaud this source of the best online loans.

At a time when so many other types of mortgages seemed to have failed, fixed rate FHA home loans have grown in popularity as borrowers shy away from more risky alternatives.

As long as the borrowers continue living in the home as their primary residence and remain current on all loan obligations (including paying the taxes and insurance and keeping up home maintenance), the loan balance will not become due and payable.

It does not apply on short - term loans below $ 500, so long as borrowers have the option for a gradual repayment term.

At the end of the repayment term, either 20 or 25 years, the remaining balance is automatically forgiven so long as borrowers have made consistent, on - time payments.

The proposed FHA seller contribution limits seem somewhat unfair, as borrowers getting conventional loans are allowed 3 % in seller concessions.

The elephant in the room remains; with unemployment levels at 10.2 percent and expected to grow, many more FHA insured loans may fail as borrowers lose their jobs and / or exhaust their resources paying for homes they can neither afford nor sell in today's depressed markets.

Back then, Fannie Mae and Freddie Mac offered prime lending products to people with 620 credit scores as well as folks with 800 credit scores, and the people with very high scores paid about the same for their loans as the borrowers with low scores.

Looking specifically at library card holders, we find they are buyers as well as borrowers of books.

Lenders want to avoid repossessions just as much as borrowers do.»

A borrower's credit utilization ratio will vary over time as borrowers make purchases and payments.

These concerns may have brought forward some demand for loans, as well as encouraging a strong increase in refinancing as borrowers shifted from floating to fixed - rate loans.

Furthermore, peer - to - peer loans actually have a low historical default rate, as borrowers face a strict credit assessment before they are able to list their loan on peer - to - peer lending marketplaces.

«As borrowers and lenders adapt to the new OSFI guidelines, it will take some time to assess the extent to which this vulnerability is being alleviated,» it said.

Beware, though, as borrowers with poor credit may not get a better rate on a personal loan.

As soon as borrowers started defaulting in significant numbers, chaos broke out.

Just as borrowers shouldn't overstretch, lenders shouldn't over-lend.

«This is occurring within the context of loosening lending standards, as borrowers with lower credit scores recover their ability to access credit cards.

Measures of negative equity have become a key component in crafting policies to address the foreclosure crisis, as these borrowers are twice as likely to be seriously delinquent or in default on their first - lien mortgage compared with positive equity borrowers.

This year, the total amount of auto loans topped the $ 1 trillion mark, as borrowers took on debt that takes longer to repay.

Still, in 2017, millennials officially surpassed baby boomers as borrowers for high - end mortgages.

The APR offer you receive will vary from lender to lender, based on the loan product you're seeking and your history as a borrower.

The riskier you are as a borrower, the larger the amount that is added to the Prime Rate.

Otherwise, as borrower and investor demand pushes transaction volumes to established foreign P2P lenders and lending alternatives, the domestic Canadian industry is left trying to figure out how to build - grow a successful business without a competitive and clear regulatory framework.

If you return the money within 120 days of disbursement, we will process it as a Borrower Cancellation Payment.

This learning opportunity provides information about your rights and responsibilities as a borrower.

PMI comes in two general forms, known as borrower - paid and lender - paid mortgage insurance.

Student loans taken out during undergraduate school and medical school could be refinanced as soon as the borrower is able to qualify for a lower interest rate.

At least one owner must provide unlimited full guarantee or sign a note as a borrower.

Master Servicer: As a borrower, this is who you will make payments to.

On Friday the Obama administration issued new rules to overhaul the debt forgiveness statute known as the borrower defense repayment.

Your debt - to - income ratio is one of the main ways that lenders can assess your viability as a borrower, so if you carry high balances on your credit card, it could affect your overall DTI.

Not only can we help you grow your money but we can save you money as a borrower by linking you to lower rate loans.

Your credit score reflects how reliable you are as a borrower, and is determined by your track record of borrowing and repaying banks, credit card companies and other lenders.

You, as a borrower, will be responsible for putting at least 10 % as a down payment.

But as a borrower, it's important to inform yourself about what's going on in the student loan arena and know your rights.

Finding the perfect mortgage lender depends on your needs and requirements as a borrower.

Just like any problem you need to solve, knowing where you stand as a borrower gives you critical information to base your decision - making process on.