Sentences with phrase «borrowers under this program»

This means the total loans available to borrowers under this program could be far less for graduate students if a borrower has already taken out undergraduate loans.

Additionally, borrowers under both programs may be eligible for PSLF if they work in public service (see more on this under Public Service Loan Forgiveness section).

Not exact matches

Similarly, under the financial reform law enacted after the financial crisis, we publicly report in detail on our lending programs and securities purchases, including the identities of borrowers and counterparties, amounts lent or purchased, and other information, such as collateral accepted.

Under an income - contingent repayment program, borrowers with Direct Stafford loans of any kind, PLUS loans made to students, and consolidation loans have their monthly payment based on the lesser of 20 percent of discretionary income or the amount due on a repayment plan with a fixed payment over 12 years, adjusted for income.

Banks can assist their borrowers experiencing temporary difficulties under their «hardship programs», including by extending the interest - only period for brief period, for example.

Borrowers who choose to consolidate under the Direct Consolidation Loan program are eligible to choose their servicer.

In addition, borrowers who have lump - sum payments made on their behalf under a student loan repayment program administered by the U.S. Department of Defense may also receive credit for more than one qualifying PSLF payment.

Under this program, payments begin at a lower amount, which is ideal for borrowers with a lower income upon graduation or leaving school.

Borrowers who enroll in the IBR program will have a lower monthly payment under the new revisions.

When applying for a loan under the Small Business Administration's (SBA) 7 (a) loan program, borrowers will need to fill out the SBA Form 1919, SBA 7 (a) Borrower Information Form.

Under this program, borrowers can buy a house with as little as 3.5 % down.

Some borrowers report positive experiences — and significant savings — under the Green Jobs / Green New York program.

Targeted teacher deferment for borrowers under the Family Federal Education Loan (FFEL) Program and the Federal Supplemental Loans for Students (SLS) programs [34 CFR 682.210 (q)-RSB-;

The Secretary shall waive subparagraph (A) for public agency borrowers that are financing ongoing capital programs and have outstanding senior bonds under a pre-existing indenture, if --

While not all borrowers are eligible and may not qualify under the program, we urge you to contact us if you are unable to make or are having difficulty making your loan payment.

Borrowers who underwent a foreclosure, short sale, or other negative credit events are able to obtain a home loan just 12 months later under the FHA «Back to Work» program.

Under the Streamline program a qualified borrower can replace a current loan with new financing.

Tangible net benefit to borrowers: The new mortgage under the streamline refinance program must provide a «tangible net benefit» to the homeowners.

In contrast, the Obama Administration reports that 2,484,783 borrowers have sought information under the Home Affordable Modification Program (HAMP) through the end of September.

Contrarily, since the majority of borrowers in repayment have never claimed the student loan interest deduction to begin with, maybe borrowers as a whole group would be better off letting the government handle all of the saved money under one program to lower the cost of education for a wider net of student debtors.

To obtain financing under the FHA 203k program, the borrower must meet certain standards for appraisal, documentation, timeliness, workmanship, and construction.

Under this program a borrower can have been late on their mortgage within the last year.

Under the Back - to - Work program, the borrower can cut the wait to just 12 months.

Under the proposed changes to the HECM program, the upfront cost of getting a reverse home mortgage would be reduced if borrowers applied for the HECM Saver.

Under an income - contingent repayment program, borrowers with Direct Stafford loans of any kind, PLUS loans made to students, and consolidation loans have their monthly payment based on the lesser of 20 percent of discretionary income or the amount due on a repayment plan with a fixed payment over 12 years, adjusted for income.

Since the end of September borrowers have been able to purchase with as little as 3 percent down under a program announced by PMI.

As Delisle explains, «Had the [Obama] administration left the original IBR program in place, borrowers would have paid 50 percent more before having their remaining debt forgiven under PSLF» (p. 3).

Of particular interest, under the FHASecure program HUD will allow lenders to write - off some of the old loan to help borrowers save the property, qualifying rations remain 31/43 (liberal by most standards), and in some circumstances second mortgages are allowed.

Under the Energy Efficient Mortgage program borrowers with FHA - insured loans could qualify for a larger loan (or refinancing amount) so long as the additional funds are used to make improvements to the home.

Under the Teacher Loan Forgiveness Program (TLFP), Federal Stafford and Federal Direct loan borrowers who teach for five consecutive, complete years at an eligible school may qualify to have some of their loan balances forgiven.

The rates have been so low for so long that many people have forgotten that a relatively small rise in the long term rates can make a big difference in how much money borrowers receive under the program.

A borrower enters default status under the federal student loan programs when such borrower's loan is more than 270 days delinquent.

§ Be a borrower who has had an amount of your educational loans forgiven under the federal government's loan forgiveness programs

Unless the borrower is refinancing an adjustable rate mortgage, a lower interest rate and lower monthly costs must be achieved in order to refinance under the program.

HUD also says that «borrowers who sold their property under FHA's pre-foreclosure sale program are not eligible for a new FHA - insured mortgage from the date that FHA paid the claim associated with the pre-foreclosure sale.»

Income - Based Repayment Plan (IBR Plan): This plan is for you if you are Direct Loan Program and FFEL Program borrower and your payment amount under this plan is less than what you would pay under the 10 - year Standard Repayment Plan.

Under this program, borrowers may qualify for forgiveness of the remaining balance of their Direct Loans after they have made 120 qualifying payments on those loans while employed full time by certain public service employers.

«Many of the country's largest financial institutions,» alleges the study, «are refusing to lend under the FHA loan program to consumers with credit scores between 580 and 640, despite the fact that FHA policy establishes a 100 % guarantee for refinance and home purchase loans to a credit score of 580 for borrowers with a 3.5 % downpayment.»

Students who are first - time borrowers at the School of Law under the Federal Direct Loan Programs need to complete the entrance loan counseling requirement.

Students who are first - time borrowers at USD School of Law under the Federal Graduate Plus Loan and / or, Federal Direct Loan programs must complete an Online Loan Entrance Counseling Session.

Under this program, federal student loan borrowers may qualify for forgiveness of the remaining balance of their Federal Direct Loans after making 120 qualifying payments on those loans while employed full - time by certain public service employers.

Under this program, the government will forgive any remaining loan balances after borrowers repay through an IBR plan for a period not to exceed twenty - five years.

Borrowers may purchase farm real estate or restructure farm real estate loans in North Dakota under this program.

Under the hallmark health care legislation passed in 2010, part of the student loan forgiveness program allows borrowers to combine all student loans into a new loan that offers five different income - driven repayment plan.

The federal program that provides loans to eligible student and parent borrowers under Title IV of the Higher Education Act.

The main reason borrowers consolidate under this program is to simplify and decrease their loan payments.

But whoops, under the FHA short refinance program borrowers must be current.

«A few days ago HUD announced that borrowers who refinance under the FHASecure program will face risk - based insurance premiums.

Under this program, the government directly lends to borrowers, as opposed to through a private institution.

The bottom line is that under PROSPER, if the educational expenses5 of a program cost more than $ 28,500 per year, borrowers must find additional funding sources (likely a private education loan) to make up the difference.