Sentences with phrase «backed by private lenders»

These are reverse mortgages that are backed by private lenders.

Not exact matches

«Funded in large part by the asset - backed securities market, many lenders made money by originating and then selling private student loans with less regard for borrowers» creditworthiness.

Guaranteed loans are offered by private lenders and backed by USDA.

Unlike more conventional private student loan structures, their loans are backed by a network of private lenders instead of via a national financial institution.

The FHA provides mortgage insurance on loans issued by private lenders, backing them financially in case borrowers default or do not honor the terms and conditions of their mortgages.

Bloomberg Businessweek has reported that more than 2,100 lawsuits in Connecticut, Indiana, Arizona, and Oklahoma are connected to National Collegiate Student Loan Trust, which sold bonds backed by thousands of student loans purchased from private lenders from 1996 through 2007.

Mainly due to the FHA's required mortgage insurance premium (MIP), borrowers often expect the closing costs and finance charges to be much more than a traditional lender backed by Fannie Mae or private investors.

Guaranteed loans are offered by private lenders and backed by USDA.

With a federally - backed loan for manufactured home, the government insures the loan that is made to you by a private mortgage lender.

HUD and its FHA office back up this guarantee by re-insuring private lenders who originate reverse mortgage loans.

There are two main types of mortgages: a conventional loan guaranteed by a private lender or banking institution, or a government - backed loan.

Conventional loans, on the other hand, are offered and backed by private entities such as banks, credit unions, private lenders or savings institutions.

The TransUnion study also highlighted the disparity between federally backed student loans, i.e. those guaranteed by the government, and private student loans — those issued by private lenders, most often to cover the gap between funds made available by government loans and actual tuition rates.

The loan is actually obtained through a private lender but it is backed by the FHA to be repaid.

In the past, some federal student loans were originated by private lenders but backed by the federal government.

What's more, FICO doesn't differentiate between student loans issued by private lenders and those backed by the federal government.

This program is backed by USDA, and as with FHA, the loans generally are offered by private lenders who will be reimbursed if the borrower defaults.

While the VA does not lend money for VA loans, it backs loans made by private lenders (banks, savings and loans, or mortgage companies) to veterans, active military personnel, and military spouses who qualify.

Loans made by a state or private lender (not government backed), primary care loans, law access loans, medical assist loans and PLATO loans are ineligible for federal student loan consolidation.

The FHA provides mortgage insurance on loans issued by private lenders, backing them financially in case borrowers default or do not honor the terms and conditions of their mortgages.

FHA loans: Mortgages issued by private lenders, but backed by the Federal Housing Administration, an agency of the Department of Housing and Urban Development.

VA loans: Mortgages issued by private lenders, but partially backed by the Department of Veteran Affairs.

VA loans may be made through private lenders, but they're backed (up to a certain amount) by the VA, provided the applicant meet all of the requirements.

NewQuest Crosswell Capital Management is a private hard money lender that specializes in real estate - backed lending solutions in geographic markets covered by its parent company, NewQuest Crosswell.

Conventional loans, on the other hand, are offered and backed by private entities such as banks, credit unions, private lenders or savings institutions.

Ginnie Mae: Government National Mortgage Association (GNMA); a government - owned corporation overseen by the U.S. Department of Housing and Urban Development, Ginnie Mae pools FHA - insured and VA - guaranteed loans to back securities for private investment; as With Fannie Mae and Freddie Mac, the investment income provides funding that may then be lent to eligible borrowers by lenders.