Sentences with phrase «by other lenders as»

Not exact matches

Collateralizing your small business loan with assets (such as real estate, equipment, or other valuable asset), that can be sold by your lender should your small business default on a loan, is frequently required by traditional lenders like the bank.

Also, the SBA does not allow other fees to be assessed by the lender unless there are extreme circumstances, such as a higher - than - normal servicing required by the loan.

The SBA does not allow other fees to be assessed by the lender unless there are extreme circumstances, such as higher - than - normal servicing required by your loan.

Depending on how much equity was contributed by you toward the acquisition of these assets, the lender may require other business assets as collateral.

When real estate is being used as collateral, banks and other regulated lenders are required by law to obtain third - party valuation on transactions of $ 50,000 or more.»

These rates will vary by lender, term, and risk, and may be lower than other options such as merchant cash advances (or credit card advances).

Like Equifax and D&B, they also collect information available within the public record, information reported by both lenders and suppliers, as well as information from credit card companies, collection agencies, and other databases.

Your credit score reflects how reliable you are as a borrower, and is determined by your track record of borrowing and repaying banks, credit card companies and other lenders.

Other factors to consider when comparing federal and private student loans include borrower benefits not offered by private lenders, such as access to income - driven repayment programs and the potential to qualify for loan forgiveness.

Use the capital as you need to grow your business, free from the use - of - funds restrictions imposed by many banks and other lenders.

Of course, this changes on a case - by - case basis, as some banks care more than others about the potential risk of a lender.

This is even more accentuated by the fact that in a number of US states, there is no recourse for the lender to other assets of the borrower in the event of default (this is not the case in Australia, as discussed below).

Overall, as the statements after the past five Board meetings have made clear, the sequence of changes to the cash rate, other adjustments by lenders in response to the rise in term funding costs since mid 2007 and tighter credit standards have combined to produce financial conditions that are tight.

In the case of default by the project operator, the lenders may take control over the collection of revenue, or may seize the assets specifically pledged or others pledged as additional collateral.

Escrow Payment — That portion of a mortgagor's monthly payments held by a lender or servicer in an account to pay taxes, hazard insurance, mortgage insurance, lease payments, and other items as they become due.

These are deals by which prosecutors can obtain multimillion - dollar fines from companies facing bribery allegations while sparing them a criminal conviction that would trigger other consequences such as violating covenants signed with lenders or joint - venture partners.

As is true for other lenders, more than 90 % of college loans funded by LendKey are co-signed.

As in most other states, the best home loan rates available to those in Kansas were offered by direct and online lenders.

If they're not able to make it directly, as interest and no additional risk, they will make it some other way, perhaps by taking a share of the enterprise, which means they (the banks or lenders) could end up owning parts of, or a majority of, many businesses.

Inventure entered into a new $ 60 million senior secured term loan and a new $ 30 million senior secured revolving line of credit with a syndicate of lenders led by U.S. Bank National Association pursuant to a Credit Agreement, a Security Agreement and certain other customary ancillary agreements to fund the purchase and re-pay two existing equipment term loans totaling $ 8.4 million and the existing revolving line of credit totaling $ 17.6 million as of Nov. 8.

And the splits notably between Merkel / Germany on the one hand, and Sarkozy and others on the other hand, as to whether to allow the ECB to step in big time as lender of last resort — as the biggest throw of the dice to solve the financial crisis — don't look any more like being solved by this grouping.

Managers, investors, lenders and regulators take the measure of a company by calculating financial ratios using information from the balance sheet, often in conjunction with other reports such as the income statement.

However, some lenders require credit scores from one or more of the three major credit reporting bureaus (Experian, Equifax, and TransUnion), and therefore by using this service, you consent that the lender and their service providers may evaluate your credit history and qualifications by performing a credit inquiry through a major credit bureau or an alternative provider such as Teletrack, DP Bureau or others.

So while a college's preferred lender list is a good starting point, prospective borrowers should also look at other lenders, such as lenders that advertise in print, on air, online and by mail.

They don't cost you anything as their rates are paid by the banks or other lenders.

Instead, lenders are required to view each applicant's financial situation as a whole and determine their eligibility by considering factors other than just a credit profile and savings account balance.

Whenever your credit is reviewed by someone other than a prospective lender it's known as a «soft check.»

Under the Department of Housing and Urban Development's HECM program (Home Equity Conversion Mortgage)-- which is the program used most often by reverse mortgage lenders — a 65 - year - old who owns a house worth $ 250,000 with no outstanding mortgage might be able to borrow as much as $ 127,000, according to the Boston College Center For Retirement Research, although fees and other restrictions may reduce the amount of cash you can actually get your hands on at least initially.

Aspire employees provide servicing for these and federal loans as well as loans owned by other lenders.

Additionally, many private loan lenders offer deferments to postpone payments for certain circumstances such as returning to school, while in an internship or residency, or during other approved events as determined by your private loan lender.

GSE Approved Reports — Mortgage credit reports approved by and reissuable to Fannie Mae, Freddie Mac and other lenders such as GMAC - RFC, Option One and First National Bank of Arizona.

When you browse through the different accounts, loans and credit cards offered by a bank or credit union, you will find that APR is used to describe loans, credit cards and other products which involve the customer as a borrower, while APY is commonly attached to those in which the customer is earning interest as a lender.

-- Mortgage credit reports approved by and reissuable to Fannie Mae, Freddie Mac and other lenders such as GMAC - RFC, Option One and First National Bank of Arizona.

Collateralizing your small business loan with assets (such as real estate, equipment, or other valuable asset), that can be sold by your lender should your small business default on a loan, is frequently required by traditional lenders like the bank.

We've seen personal loans rates offered by other lenders start below the 6.99 % APR offered by Discover (as of April 2017).

The actual personal loan rate you're offered by Discover and other lenders will depend on factors such as:

«Our goal was to contribute to research around this dynamic industry, but we understand use of the term «peer - to - peer» as shorthand for a set of loans originated by peer - to - peer and other online lenders has led to some confusion around the study,» the Cleveland Fed said in the statement.

«Our goal was to contribute to research around this dynamic industry, but we understand use of the term «peer - to - peer» as shorthand for a set of loans originated by peer - to - peer and other online lenders has led to some confusion around the study,» the Cleveland Fed said in an emailed statement.

Note Equifax does not set credit limits; these tools are designed to be used as guideline by lenders and other factors may determine the actual credit limit granted.

Index A published interest rate against which lenders measure the difference between the current interest rate on an adjustable rate mortgage and that earned by other investments (such as one, three, and five year U.S. Treasury security yields, the monthly average interest rate on loans closed by savings and loan institutions, and the monthly average costs - of - funds incurred by savings and loans), which is then used to adjust the interest rate on an adjustable mortgage up or down.

Another robo - signing / securitiztaion / foreclosure fiasco update here: As I am sure you are aware, the foreclosure processes of many major lenders and mortgage servicers are under investigation for alleged fraud and other process - related defects (for further background, here is an excellent series of articles by Mike Konczal that describes what is going on).

Commonly used by other lenders, MyTitleSupport offers online and phone support for our members to submit requests, such as: duplicate titles, state changes, and name changes.

Impound The portion of a borrower's monthly payments held by the lender or servicer to pay for taxes, hazard insurance, mortgage insurance, and other items as they become due.

The lender on a PLUS loan is the United States Department of Education, and the most that you can borrow through this type of loan is the cost of attendance (as determined by your institution), minus any other financial aid that you are receiving.

• Unlike in the U.S., underwriting standards for qualifying mortgage borrowers in Canada have been maintained at prudent levels resulting in mortgage borrowers here being much more creditworthy; • Canadian mortgage lenders never offered low initial «teaser» rate mortgages that led to most of the difficulties for mortgage borrowers in the U.S.; • Most mortgages in Canada are held by their original lender, not packaged and sold to third parties as is typical in the U.S., and consequently, Canadian mortgage lenders have a vested interest in ensuring that their mortgage borrowers are creditworthy and not likely to default; • Only 0.3 % of Canadian mortgages are in arrears versus 4.5 % in the U.S. and what even before the start of the U.S. housing meltdown two years ago was 2 %; • Canadians tend to pay down their mortgage faster than in the U.S. where mortgage interest is deductible from taxes, which encourages U.S. homeowners to take equity out of their homes to finance other spending, a difference that is reflected in the fact that in Canada mortgage debt accounts for just over 30 % of the value of homes, compared with 55 % in the U.S.

Like Equifax and D&B, they also collect information available within the public record, information reported by both lenders and suppliers, as well as information from credit card companies, collection agencies, and other databases.

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

First, always have a backup plan - get approved by as many banks or other lenders as possible to protect yourself in case one of them backs out.

If an advertised lender / broker solicits you for a loan application, that lender / broker must make certain disclosures to you as required by the Federal Truth In Lending Act (TILA), the Real Estate Settlement Procedures Act (RESPA) and other federal and state laws.

You'll need to provide the necessary information such as the offer to purchase, MLS listing, and any other documents required by the lender so they can assess the property.