Sentences with phrase «case defaults»

There was fear that if in case defaults start to occur, the whole economic structure would get affected.

So in other words, if you want to take out a $ 1 million line of credit, you'll probably need seven figures» worth of equipment, real estate, or other assets the bank can anchor onto — and make a claim to, in case you default.

As opposed to typical collateral like your business property or personal assets, limited collateral typically requires you put down a percentage of your future sales in case you default on your loan.

«Investors and originators alike tend to use the 2001 - 2003 mortgage origination vintages to establish underwriting standards and to benchmark base case default expectations on newly originated loans.

Putting up the business or personal assets as collateral can put you at risk of losing them in case you default.

This deposit acts as collateral in case you default on your payments.

The Canada Mortgage and Housing Corporation (CMHC) insures the lender in case you default on your loan.

The essence of the collateral is that, in case you default in payment, the lender will keep your deposit to pay off your card balance.

hawaiiguest I assume what you are saying is that there is no proof it ever happened in which case you default to claim it is a lie or to be gentle it was simply a tale of an old goat.

PMI provides insurance for your lender in case you default on the loan.

In case you default they could eventually foreclose on the property and sell it, paying off the existing mortgage in the proceeds.

In case you default they can eventually foreclose on the property and sell it, paying down the existing mortgage in the proceeds.

In case you default they can eventually foreclose on the property and sell it, paying off the existing mortgage in the proceeds.

In case you default the loan, the lender can seize your car.

However, the contract is a legal document and it allows the company to recover their money if in case you default.

In case you default they could eventually foreclose on the property and sell it, paying down the existing mortgage in the proceeds.

In case you default they could still foreclose on the property and sell it, settling the existing mortgage in the proceeds.

In case you default they can still foreclose on the property and sell it, paying down the existing mortgage with the proceeds.

They work very similarly, your «credit limit» is based on how much money you deposit onto the card to serve as collateral in case you default, but the main difference is that this card is given by a financial institution such as your bank and how you use the card affects your credit score.

This acts as collateral in case you default on the loan, and protects the card issuers while letting you build your credit score back up.

However, both these types of payment have penalty clauses in case you default with paying your loan.

The deposit stays with the credit card issuer to protect itself in case you default, and you get it back when you close the account.

If your loan is greater than 80 percent of the value of the property, you will probably have to pay for mortgage insurance that protects the lender in case you default.

In case you default they could eventually foreclose on the property and sell it, paying down the existing mortgage with the proceeds.

In case you default they could eventually foreclose on the property and sell it, settling the existing mortgage in the proceeds.

In case you default they can still foreclose on the property and sell it, paying off the existing mortgage in the proceeds.

Lenders always have legal actions available to them in case you default on your debt.

In case you default they can eventually foreclose on the property and sell it, settling the existing mortgage with the proceeds.

In case you default they can eventually foreclose on the property and sell it, paying down the existing mortgage with the proceeds.

Normally it is easier to get a secured loan than an unsecured loan, if you have a bad credit history or CCJ's (County Court Judgments) as the lender considers your home as enough security in case you default on your payments.

In case you default they can still foreclose on the property and sell it, paying down the existing mortgage in the proceeds.

MI is often referred to as private mortgage insurance (PMI), and is basically protection for your mortgage lender in case you default.

Your payment for PMI covers the cost of mortgage insurance they purchase, which gives them some protection in case you default.

In case you default they could still foreclose on the property and sell it, paying down the existing mortgage with the proceeds.

In case you default they can still foreclose on the property and sell it, settling the existing mortgage with the proceeds.

In case you default they could eventually foreclose on the property and sell it, paying off the existing mortgage with the proceeds.

This is the amount of money you have to pay for mortgage insurance in case you default on your loan.

This insurance protects the lender in case you default on your mortgage.

By putting down at least 20 %, you'll also avoid the need for private mortgage insurance (PMI), which is designed to protect the lender in case you default.

This protects them in case you default on the loan, which would leave them in the red even if they evicted you and sold the property.

The insurance policy you are required to obtain and pay for as part of your monthly mortgage payment essentially provides protection to the lender in case you default on the loan, and covers the lender for the amount between 20 % down and what you actually put down.

As a registered mortgage, the loan lender is at liberty to sell property given as security in case you default on the loan.

PMI provides your lender with financial protection in case you default on your mortgage payments.

The only thing bad credit mortgage lenders want to see is a way they can recover their investment just in case you default.

The only downfall of securing loans with personal assets is possible repossession of such by your lender in case you default on your loan.

This is because until you've paid off your mortgage, your bank wants to make sure your house is kept in good condition in case you default on your mortgage and the lender needs to repossess it.

They make sure that your property has a good re-sale value, in case you default on loan.

In case you default they could still foreclose on the property and sell it, settling the existing mortgage with the proceeds.

This is protection enough for them in case you default as they can go ahead and sell the house.

Unsecured loan is called so because it's not secured against something so in case you default on it, you harm your reputation and your credit.