Sentences with phrase «better debt service coverage»
«We saw moderately lower loan - to - values and better debt service coverage year - over-year.
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Banks want to see borrowers with good personal credit, a strong business and a low debt service coverage ratio.
Banks want to see borrowers with good personal credit, a strong business and a low debt service coverage ratio.
Knowing your debt service coverage ratio in advance of applying for new credit can put you in better standing for acquiring a lower interest rate and better loan terms.
Higher loan - to - value ratios (LTVs) are being underwritten with lower quality tenants and lower debt service coverage ratios, as well as more interest - only loans.
Any borrower who wants to get new financing better be prepared to accept loan - to - value ratios of no more than 65 percent and debt - service - coverage ratios of 1.25 percent.