Sentences with phrase «borrowers receive the lowest interest rate»

Not only can borrowers receive a lower interest rate if approved, they may also be able to adjust their repayment terms to better fit their financial situations.

Typically, borrowers receive lower interest rates that can save them thousands over the lives of their loans.

Not only can borrowers receive a lower interest rate if approved, they may also be able to adjust their repayment terms to better fit their financial situations.In order for refinancing to become a legitimate option, however, many borrowers must -LSB-...]

So, even if this borrower received a lower interest rate on their loan, having the 3 year term will save him money.

Not exact matches

Borrowers who take advantage of this special, limited - time consolidation option would also receive up to a 0.5 percent reduction to their interest rate on some of their loans, which means lower monthly payments and saving hundreds in interest.

Though borrowers with excellent credit, or borrowers with cosigners with excellent credit, may receive a loan with an interest rate lower than the government offers, it is uncommon.

Getting a cosigner for an auto loan can help borrowers receive significantly better interest rates and lower overall monthly payments.

Average interest rates for personalized rate quotes received by Credible users were calculated using the lowest rate received by each borrower.

Borrowers with good credit can sometimes receive a private student loan with a lower initial interest rate and lower fees than a federal student loan.

By using the cosigner's credit score and income to guarantee the loan, the borrower can receive more favorable loan terms, like a lower interest rate and a larger loan amount.

Getting a cosigner for an auto loan can help borrowers receive significantly better interest rates and lower overall monthly payments.

Under Nelson's proposed law, student loan borrowers that are currently dealing with an interest rate above 4 percent will be able to refinance their student loans in order to receive an interest rate lower than 4 percent.

The federal government guarantees FFELP loans against borrower default and ensures that the lenders receive a market rate of return on the loans despite the lower interest rates paid by borrowers of education loans.

Having bad credit means that you are less reliable as a borrower and therefore you will either receive few loan offers, high interest rates, or low principle borrowing amounts.

Lenders all around the nation are offering low interest home mortgage loans, but this does not mean that every borrower will receive low rates and fair terms.

In essence, we facilitate lending among our members, creating a situation where both parties benefit: Borrowers pay lower interest rate than they would on their credit cards or similar unsecure loans, while Lenders receive the interest the borrowers pay at higher rates than other investment opportunities of comparable risk (stated interest rates of 6.69 % -19.37 % after service charge) How many loans have you done (and for whatBorrowers pay lower interest rate than they would on their credit cards or similar unsecure loans, while Lenders receive the interest the borrowers pay at higher rates than other investment opportunities of comparable risk (stated interest rates of 6.69 % -19.37 % after service charge) How many loans have you done (and for whatborrowers pay at higher rates than other investment opportunities of comparable risk (stated interest rates of 6.69 % -19.37 % after service charge) How many loans have you done (and for what amount)?

Borrowers may be able to receive a lower monthly payment with a reduced interest rate or an extended repayment term.

Though borrowers with excellent credit, or borrowers with cosigners with excellent credit, may receive a loan with an interest rate lower than the government offers, it is uncommon.

Borrowers with high credit scores — the top tier is 760 and above — will often receive loan terms with lower interest rates, with more loan options available to them.

If the borrower pays lower fees and points and agrees to a higher interest rate, then the lender will pay the mortgage broker a fee that reflects the higher interest payments the lender will receive from the borrower.

Also, the lower the interest rate will also increase the amount of funds that a borrower may receive from the loan.

Borrowers usually refinance in order to receive lower interest rates or to otherwise reduce their repayment amount.

Today, the most qualified borrowers can receive interest rates lower than 4 %.

The benefit for the borrower is that they are given a loan with an interest rate that is lower and incomparable to what they could receive anywhere else.

A 2005 study by the Center for Responsible Lending concluded that borrowers with subprime loans and prepayment penalties do not receive lower interest rates, and may actually pay higher rates.»

For consolidation loans, low - risk borrowers receive the best interest rates, ranging from about 7 % to 12 %.

Borrowers with good credit may receive an interest rate lower than they have on their existing loans, so they can save money by lowering their monthly payment.

Those borrowers with higher credit scores typically receive lower interest rates.

Your interest rate will vary directly with your grade, with A1 borrowers receiving the lowest rate and G5 borrowers receiving the highest rate.

Low interest rates: Borrowers with excellent credit can expect to receive a very competitive rate, even for loans that might require collateral at other lenders.

Average interest rates for personalized rate quotes received by Credible users were calculated using the lowest rate received by each borrower.

Borrowers who select immediate repayment have the option of receiving the lowest possible interest rate.

Alternatively, some borrowers may receive a new, lower interest rate that will save them money over the life of their loans.

In addition, a borrower can, under certain circumstances, use the opportunity to lower their interest rate, change the loan term and / or transition from an adjustable rate to a fixed rate, in addition to receiving excess funds.

If you're a borrower with little or no credit history, or you have limited income, a cosigner may help you to qualify for this loan and potentially receive a lower interest rate.

Borrowers who choose to pay for points upfront do so to receive a lower interest rate and a smaller monthly payment.

The interest rate it received was competitive, and the borrower saved money by eliminating its expensive operating lease and replacing it with a lower cost mortgage.

If a borrower qualifies for an FHA loan, they receive the current standard interest rate, which is very competitive and often lower than the rates of conventional loans.

In most cases, no down payment is required on a VA guaranteed loan, and the borrower usually receives a lower interest rate than is ordinarily available with other loans.

If the borrower pays lower fees and points and agrees to a higher interest rate, then the lender will pay the mortgage broker a fee that reflects the higher interest payments the lender will receive from the borrower.