Sentences with phrase «asset based lenders on»

Sharon heads the finance litigation team acting for leading receivable and asset based lenders on a national basis.

Not exact matches

Based on your specific situation, your lender is in the best position to answer this question, but at a minimum you will need your current mortgage information and evidence of your assets and income.

A pre-approval letter is the real deal, a statement from a lender that you qualify for a specific mortgage amount based on an underwriter's review of all of your financial information: credit report, pay stubs, bank statement, salary, assets, and obligations.

In most cases, a lender will assess your refinance eligibility you based on your credit, income, assets and the value of your home.

The revised rules allow mortgage lenders to calculate your income based on your retirement assets using a formula of multiplying your assets by 70 percent to conservatively allow for market volatility.

The chosen USDA lender must first underwrite the file and get it approved based on the income, assets, and credit report submitted.

Lenders must also make sure borrowers can actually afford their monthly payments using a formula based on income, assets, savings and debt.

When you are ready to consult a lender to find out if you can be approved for a loan, the lender will base a decision on your credit profile, income, assets, job history and debt - to - income ratio.

For example, many of these lenders offer stated income, interest - only, asset - based qualification, recent negative credit events, and so on.

Loan Approval: When the lender agrees to loan money to a borrower based on information such as income, debt, assets, employment, and credit worthiness.

The lender typically gauges your ability to pay based in part on your credit history, whether you have a steady income and your cash assets.

He acts on behalf of banks, asset based lenders and insolvency practitioners in addition to advising companies on appropriate insolvency processes.

Her practice includes representing financial sponsors, corporate borrowers and various lenders on a wide range of transaction types, including leveraged acquisition financings, high - yield bond issuances, asset - based revolving credit facilities, complex restructurings, debtor - in - possession and exit financings and investment - grade, unsecured financings.

He has more than ten years» experience of advising banks, specialist lenders and borrowers on issues such as asset - based lending, acquisition finance, property finance and debt sale deals.

From a lender's perspective, even where the amount borrowed by a company is far more than the directors could possibly repay in reality, it is often considered to be worth getting personal guarantees from the directors on the basis that doing so will help to focus the directors» minds (since the directors» own assets will be at risk) and ensure that they take the repayment of the loan seriously.

Paddy specialises in advising institutional lenders and corporate clients on all aspects of banking and finance including corporate acquisitions, real estate investment and development and asset based lending and led the Banking team at Gordons in Leeds.

Lenders engineering «distress» in client businesses by restricting credit or arbitrarily revaluing assets (eg on a «fire sale» basis);

The court approved the sale of Indalex's assets on a going — concern basis and ordered the repayment of a super-priority charge to debtor - in - possession lenders.

It is touted as the second - largest private sector lender on the basis of assets.

In one example of a recent deal, a CMBS lender completed fixed financing on an industrial asset at 75 percent loan - to - value (LTV) ratio for a 10 - year term, with 30 - year amortization, two years interest - only, with a spread of 180 basis points.

To get a pre-approval, your lender will run your credit score and compile a loan application based on the information you provide regarding income, employment history, assets, etc..

As an asset based lender, Civic was able to provide acquisition financing based on the quality of the asset and the agreed upon loan terms.

To get a pre-approval, you lender will run your credit score and compile a loan application based on the information you provide regarding income, employment history, assets, etc..

The «hard» in hard money refers to the fact that these lenders use an asset - based underwriting that focuses largely on the value of the property rather than a borrower's credit - worthiness and offers lower loan - to - value (LTV) rates than the banks do.

The process by which a lender decides whether to make a loan to a potential home Buyer based on an in - depth analysis of credit, employment, assets, and other factors and the weighing of this risk to an appropriate rate, term, and loan amount.

As an asset - based lender, Montegra relies primarily on the value of your property as opposed to the more diverse focus that institutional lenders have, with their strong emphasis on a borrower's cash flow and their «global financial picture.»

Montegra is an asset - based, private capital bridge lender with a 44 - year history of funding first - mortgage, secured loans on commercial and investment - purpose residential property located in Colorado (especially the Denver metro area).