Sentences with phrase «ask loan applicants»

Lenders may generally ask loan applicants for this information but they can't make credit decisions based on it.

Creditors that offer payday loans may ask loan applicants to sign a statement about their military affiliation.

Creditors that offer car title loans may ask loan applicants to sign a statement about their military affiliation.

For example, underwriters might specify that a borrower have a certain amount of annual income and ask the loan applicant to provide several official paystubs in order to verify that income.

Not exact matches

The company might be great, but companies can't possibly train every loan officer to ask every question that needs to be asked, or present only the best loan solutions to the applicant.

Home loan provider can ask the applicant to ASSIGN the term plan in their name, so that their risk is covered.

A simple math example would be to ask «if the loan is costing 6 % annually, how does this compare with the 10 % that the applicant's other investments are returning?»

The form asks for detailed information about the applicant, the degree program, citizenship status, the loan amount being requested, and the purpose of the loan.

The loan application form asks for information on the property you are buying, terms of the purchase contract and the employment and financial history of all loan applicants, including your spouse and / or other co-borrowers.

In conjunction with the VA home loan, it is often asked by applicants «can I use my GI Bill education or housing income to qualify for a home loan»?

The Department of Veterans Affairs encourages all VA Loan applicants to ask their lender about the Web LGY system since this Internet - based application can establish eligibility and issue a COE in a matter of seconds.

There is some personal criteria that applicants for VA loans in California will be asked to meet, including no unpaid liens, no judgements and no bankruptcies in the past two years (Chapter 7) or one year (Chapter 13).

While different lenders will ask for different documents, most loan applicants will have to provide their most recent paystubs, tax returns, list of loans and balances, and their student loan servicer's information.

The Crown had argued the applicant failed to take adequate steps to come up with enough funds to pay defence counsel, suggesting he could have asked for a bank loan, got a second job, or asked a family member to co-sign for a loan.

Home loan provider can ask the applicant to ASSIGN the term plan in their name, so that their risk is covered.

Unlike most life insurance policies, the applicant won't be asked to take a medical exam or disclose health details because what's being insured is the balance of the loan, not the life of the borrower, says Lynch.

When a man lends money he naturally asks upon what security he is making the loan, and if the applicant can say, «Here I have an absolute lease for forty - two years...,» then the man who contemplates lending the money can calculate his security.

A computer - driven process for informing the loan applicant very quickly, sometimes within a few minutes, whether the applicant will be approved, rejected, or asked for additional information.