Sentences with phrase «available credit line funds»

Not exact matches

In this instance, the most prudent action may be a hybrid approach in which cash is supplemented by funds available through a modest line of credit, or, in some instances, a credit card with manageable interest rates.

Once your right to cancel period has expired, the funds from your home equity line of credit will be available or the funds from your home equity installment loan will be disbursed.

Or if you just need a cushion of funds available for day to day expenses, a business line of credit will give you maximum flexibility.

Equity Credit Line Overdraft Protection works by issuing a line of credit and charging your credit line in the amounts of the transactions drawn against your insufficient funds, up to the available Credit Line Overdraft Protection works by issuing a line of credit and charging your credit line in the amounts of the transactions drawn against your insufficient funds, up to the available liLine Overdraft Protection works by issuing a line of credit and charging your credit line in the amounts of the transactions drawn against your insufficient funds, up to the available liline of credit and charging your credit line in the amounts of the transactions drawn against your insufficient funds, up to the available credit and charging your credit line in the amounts of the transactions drawn against your insufficient funds, up to the available credit line in the amounts of the transactions drawn against your insufficient funds, up to the available liline in the amounts of the transactions drawn against your insufficient funds, up to the available limit.

The unused line of credit grows over time and more funds become available during the life of the loan.

If the Available Funds of your loan is $ 350,000 after the net Principal Limit and costs have been determined, and you don't use those funds then your credit line begins to grow monthly based on the interest rFunds of your loan is $ 350,000 after the net Principal Limit and costs have been determined, and you don't use those funds then your credit line begins to grow monthly based on the interest rfunds then your credit line begins to grow monthly based on the interest rates.

The borrower with a Line of Credit will see a very simple decrease of loan balance and increase of available funds when prepayment is made.

In other words, if there is still a line of credit available of $ 100,000 at the time the older, borrowing spouse permanently leaves the home, the younger, non-borrowing souse does not have access to the funds on the line of credit.

That in turn led to amendments to the credit line which will materially reduce the funds available to the Company — what began as a maximum availability of $ 60 million has been reduced to $ 40.5 million, will be further reduced to $ 37.5 million effective July 18, 2010, and further reduced to $ 32.5 million effective January 2, 2011, with the outstanding balance under the line becoming due and payable in full on March 15, 2011.

A rotating credit account is like a credit card or a home equity line of credit, where you have an available limit and you free up more funds as you pay down the loan.

Funds become available for subsequent withdrawal as you pay down the principal balance on the line of credit.

Unlike the HECM, funds from a proprietary reverse mortgage loan are not available in multiple options of disbursement, like a monthly payment or line of credit.

◊ Through no fault of ours, you do not have available funds to complete the transfer; ◊ The transfer goes over the credit limit on your overdraft line; ◊ The terminal or system you are using is not working properly; or ◊ Circumstances beyond our control (such as a flood or fire) prevent the transfer despite reasonable precautions we have taken.

Because monthly - variable rates are the lower available rate initially, and because of the potential for growth of the line of credit option available with the monthly - variable, borrowers who want to maximize their available funds after loan closing prefer it over the yearly - variable option.

Additionally, if you choose a reverse mortgage line of credit and allow the available funds to grow over time, you may have more funds to draw on in the future.

In addition, the borrower may need to set aside additional funds from the loan proceeds to pay for taxes and insurance 5 The reverse mortgage loan balance grows at the same rate as the available line of credit.

The advantages of business lines of credit over a business term loan is that money is readily available when needed, money can be withdrawn repeatedly up to the maximum credit limit and interest is only owed on funds once they are drawn.

A home equity line of credit is like a bank account where you can continuously access your available funds up to your credit limit.

How It Works: This Handyline of credit protects your checking account by transferring funds up to the available credit line to cover your overdrafts.

Transfer available funds from your savings, checking, or money market accounts or credit line loan to your savings, checking, or money market accounts or Individual Retirement Account (IRA).

An Overdraft Protection Line of Credit is used to cover insufficient funds when writing checks for amounts greater than the available balance in your associated checking account.

When your checking account is presented with a check for payment in excess of your balance, funds are advanced to your account in $ 100 increments up to your available credit line.

Now thanks to the financial flexibility offered by a Reverse Mortgage Line of Credit, I live in my dream home debt free and watch the line of credit funds available to me increase on a regular baLine of Credit, I live in my dream home debt free and watch the line of credit funds available to me increase on a regular Credit, I live in my dream home debt free and watch the line of credit funds available to me increase on a regular baline of credit funds available to me increase on a regular credit funds available to me increase on a regular basis.

And, the available funds in this type of line of credit grow over time, while HELOCs typically provide a fixed amount that the borrower can draw against and that the lender could freeze at any time to preclude further borrowing.

As with most financial decisions, a home equity line credit can be put to good use or wasted, so it is important to be smart with the limited funds available so it benefits you financially.

The fixed rate gives you all the funds you have available while the line of credit allows you to choose how much money you want to receive at any given time and the rest can stay in the line, still available to you but not accruing interest until you actually borrow them.

Withdrawals can be repaid at any time, and as long as you remain in good standing with the bank, your line of credit can remain open and available for future funding needs.

A Home Equity Line of Credit from Heartland Bank allows you to borrow against the equity in your home with the flexibility and ease of using your approved funds up to the limit, making payments against the balance, then using the available funds again as needed.

One of the most popular features of the payday line of credit, other than the revolving structure of the available funds, is how easy it is to apply for.

Your home equity line of credit is a revolving credit account, meaning as you pay back your balance you can continue to draw on available funds throughout the draw period.

A home equity line of credit is treated similar to a revolving charge account, in that when you pay down some of the balance those funds become available to you again.

Once your online line of credit loans are approved, set up, and funded, you have a source of cash that is always available to you, any time and instantly.

The line of credit has an increasing growth rate, making more funds available for the borrower to access as time progresses.

13) Your Univest Prime Mastercard ® Debit Card can be used to access available funds from your Commercial Line of Credit.

You can ask us if we have other account services that might be available to you where we commit to paying overdrafts under certain circumstances, such as an overdraft protection line - of - credit or a plan to sweep funds from another account you have with us.

You can easily access your available funds through an online banking transfer to an ESL checking or savings account or by writing a Home Equity Line of Credit check.

Having a line of credit means that funds are available so they can borrow what they need when it's needed.

A line of credit offers funds to borrow that are available when needed.

Available as a variable - rate line of credit or an installment loan at a fixed rate, home equity loans from Columbia Bank can help you fund home improvements, major purchases, and more.

If the funds are not available in your designated AmeriCU account or from a Line of Credit / Reserve to honor such a debit, the payment will not be made and a non-sufficient funds fee of $ 28.00 will be charged.

If the amount of your purchase exceeds the available balance in your primary checking account, you can transfer funds (using telephone, online or mobile banking) from another account you have with First IB, including a savings account or overdraft line of credit account.

These transfers are funded immediately, are subject to your cash credit line available, and will be processed at the higher bank cash advance rate and transaction fee as disclosed in your Credit Card Agrecredit line available, and will be processed at the higher bank cash advance rate and transaction fee as disclosed in your Credit Card AgreCredit Card Agreement.

Note: No benefit will be paid until the date of the advance of your loan, or the date funds become available to withdraw from your Royal Credit Line account.

BBVA Compass extends both secured and unsecured line of credit options for flexible business funding toward your financial goals — available for your use whenever you need it.

The advantage of a line of credit is that you only pay interest on the funds you withdraw, not the total amount that is available to you.

Personal Loans and Lines of Credit are perfect any time you need money to pay off other bills, pay medical expenses, or just want funds available for an emergency.

(If you choose an adjustable rate program you can choose to take only a portion of your available funds and leave the rest as a credit line etc..)

As one Alberta lawyer blogged: «I'm looking forward to the day on which a line of credit on your house is not the only funding option available to a new legal entrepreneur.»

Glimcher will fund its required portion of the equity contribution through available capacity under its line of credit.

The purchase price was funded with available cash and proceeds from our secured revolving line of credit.