Sentences with phrase «business loan or a mortgage»

Life expectancy and retirement aside, if you're purchasing a life insurance policy to protect a specific interest — such as a business loan or mortgage — you may also need to think about the potential duration of that need when considering your options.

It can also occur as a result of application for other loans such as student loans, personal loans, business loans or mortgage loan.

Decreasing term life insurance is also a good way to ensure that any large loans, such as business loans or a mortgage, are paid off should something happen to the insured.

Life expectancy and retirement aside, if you're purchasing a life insurance policy to protect a specific interest — such as a business loan or mortgage — you may also need to think about the potential duration of that need when considering your options.

You may be required by your financial institution to carry a business insurance policy if you have taken out a business loan or a mortgage on your business property.

In some cases, if you have taken out a large business loan or a mortgage on the building in which your business is owned, your lender may require you to carry a comprehensive commercial insurance policy to protect your business for the life of the loan.

Not exact matches

According to Arif Mulji, vice-president of business development, Amur's fortunes vividly reflect some of the forces that have dominated Canada's economy in recent years: Its customers tend to be people looking for short - term mortgages, home renovation loans or debt consolidation.

Home Capital Group has seen some of its riskier lending business drain away to the private, unregulated mortgage lenders — firms like Alpine Credit or the many so - called «mom - and - pop» shops which proliferated as small investors teamed up with brokers to provide short - term, non-amortized loans.

If you've ever wondered whether you should close that old credit card account or apply for a business loan and a mortgage at the same time, then understanding these factors should help.

Business expenditures (payroll, utilities, mortgage or rental fees), business purchases (equipment, supplies), or loan repayments can all be considered «outflowBusiness expenditures (payroll, utilities, mortgage or rental fees), business purchases (equipment, supplies), or loan repayments can all be considered «outflowbusiness purchases (equipment, supplies), or loan repayments can all be considered «outflow.»

Balloon payments are not as common for auto loans as they are for mortgages or business loans.

target and maximum levels, assumed, for Mr. Hoyt's Wholesale Banking Group, continued double - digit loan growth and favorable credit quality; for Mr. Oman's Home and Consumer Finance Group, improvement in the home mortgage business due to cost control and expected improvements in the yield curve favorably affecting earnings from hedging activities; and for Ms. Tolstedt's Community Banking Group, growth in deposits, especially low or no - cost core deposits, continued loan growth, and stable credit loss rates.

As with other lenders, if your business has sufficient cash flow to support a loan payment, you haven't declared bankruptcy in the past 24 months, and are current with your personal obligations like your rent or a mortgage for the last year, you may qualify.

Many people get the start - up money they need by mortgaging or remortgaging their homes, or selling property or possessions — even those who do succeed in getting a start - up business loan.

Loan or Debt Crowdfunding: Also known as peer - to - peer lending, individuals provide capital to businesses or individuals in exchange for interest payments and return of principal over a defined time period, similar to a mortgage or a car lLoan or Debt Crowdfunding: Also known as peer - to - peer lending, individuals provide capital to businesses or individuals in exchange for interest payments and return of principal over a defined time period, similar to a mortgage or a car loanloan.

Business financing is a bit different than other term loans most consumers are familiar with, like fixed - rate mortgages or auto loans.

If your business has sufficient cash flow to support a loan payment, you haven't declared bankruptcy in the last 12 - 24 months, and you're current with your personal credit obligations like rent or a mortgage for the last year, you may be able to qualify for a loan with a non-profit lender even if you have a less - than - perfect credit profile.

If you've ever had a car loan or a home mortgage, you're likely familiar with the basics of how a term loan works — a small business loan may share many of the same characteristics.

Term life insurance is especially suitable for those looking to cover short to medium - term liabilities such as a mortgage or business loan.

This award recognises the top performing company in its field, assisting retail consumers or businesses to access capital, mortgage or personal loan products through innovative financial technology.

Such information is used when applying for a mortgage, student loan or small business loan.

But, if you are looking to expand your scope and work with brokering mortgages or commercial loans, then a four - year bachelor's degree in either business, finance, economics, communications, or psychology is required.

Not to be outdone by (or to lose business to) its GSE counterpart, Fannie Mae also announced it will acquire conventional mortgage loans with down payments of 3 %.

However, you may be able to circumvent this if you have an existing relationship at a bank or credit union (e.g., mortgage, auto loan, credit card, previous business loan).

However, small business loans are much more difficult to get than student loans or mortgages.

The loans in question could be mortgages, small business loans or personal loans.

Itemized deductions can include medical expenses, home mortgage loan interest, real estate taxes, charitable donations, unreimbursed employee business expenses, uninsured casualty or theft losses, and more.

«That would be crippling for every Scottish household with a mortgage or personal loan, for every Scottish business with credit, for the public finances and therefore for public services and for taxpayers, and for the whole economy.»

«It's absurd to me that you can refinance a mortgage or a business loan, but you can't re-finance a college loan?

A hard inquiry is one you usually have to authorize and is run when you apply for a credit card, a mortgage, or another loan (think car, business, etc.).

Balloon payments are not as common for auto loans as they are for mortgages or business loans.

Certainly, you can hit your local bank, especially if you've previously gone to them for auto loans or your mortgage, and feel comfortable with how they conduct business.

For a mortgage or business loan, please communicate with your loan officer regarding your loan status.

I am sure it has nothing to do with racial and gender pay gaps or banks not giving mortgage or small business loans to minorities.

If you have been turned down for a mortgage or business loan from a bank or lender, don't worry, we can help.

With a second mortgage, you will qualify for another loan on the basis of your home equity, which means that you can finance your business, pay off your credit cards, renovate your house or pay for your child's university fees.

Different lenders have different standards in rating your credit worth whether it's an auto loan, mortgage loan, or a fast loan for business or personal use.

Most consumers» experience with credit comes in the form of a mortgage, auto loan, credit card or, for the ambitious entrepreneur, a business loan.

This type of account would be ideal for someone who needs a new credit card, someone who is starting a new business (personal loan), or wants to buy a house (mortgage) or car (auto loan).

The author, Fraser Smith, is a Vancouver - based financial planner, who devised the eponymous strategy to take advantage of the fact that while the interest paid on a mortgage for a personal residence is not tax - deductible, any interest on a loan taken out to make investments (in mutual funds or stocks or a private business) is deductible.

Moreover, they provide a path forward for credit builders who want to qualify for a mortgage or business loan in the future.

(Many homeowners defaulted on their mortgages over the past few years because they lied about their financial circumstances and / or worked with unscrupulous lenders who overlooked deficiencies in their loan applications in order to generate more business.)

Depending on what type of loan you want — mortgage, car, student or business — you should account for the additional costs involved.

Quitting your job to start your own business or losing that job for any reason are definitely bad ideas while you're applying for a home mortgage loan.

Many people are concerned how their mortgage loan is affected if forced into a bankruptcy and when someone experiences financial crisis like job loss, medical crisis or business failure, it can become quite difficult for them to repay all of their existing loans or debts.

After you apply for a mortgage or an equity loan, your lender must mail a Loan Estimate to you within three business days of your application being acceploan, your lender must mail a Loan Estimate to you within three business days of your application being accepLoan Estimate to you within three business days of your application being accepted.

If your business has sufficient cash flow to support a loan payment, you haven't declared bankruptcy in the last 12 - 24 months, and you're current with your personal credit obligations like rent or a mortgage for the last year, you may be able to qualify for a loan with a non-profit lender even if you have a less - than - perfect credit profile.

If you've ever had a car loan or a home mortgage, you're likely familiar with the basics of how a term loan works — a small business loan may share many of the same characteristics.

MLOs are hired by a bank or other mortgage lender to conduct business with customers, market the lender's mortgage products and process loan applications.

If you have fluctuating income from your own business or because you earn money primarily through commissions and bonuses, a refinance with a portfolio loan may be easier to qualify for than a conventional mortgage loan.