Sentences with phrase «case remaining loan amount»

Actually, we were coming across many customers who were fearful about their family's plight in case remaining loan amount get passed onto them in case anything unfortunate happens with them.

Not exact matches

If the FHA case is assigned on or after 06/11/2012 AND the base loan amount exceeds $ 625,500 Mortgagee Letter 2012 - 4: • > 15 yr Term: > 95 % LTV = 1.50 % < = 95 % LTV = 1.45 % • < = 15 yr Term: > 90 % LTV =.85 % > = 79 % LTV =.60 % • Single Family forward mortgages with amortization terms of 15 years or less, and a loan - to - value (LTV) ratio of 78 percent or less, remain exempt from the Annual MIP (see Mortgagee Letter 2011 - 35).

In some cases, your remaining loan amount can be forgiven but you must meet the criteria.

In this case, your new lender will pay the remaining amount that you still owe on your current loan.

In the case of VA loans, if a buyer doesn't have VA entitlement (the government's backing for the loan up to a certain amount), the owner's entitlement will remain with the original loan.

In this case the monthly premiums remain constant, but the term and the death benefit amount are tied to the life of the mortgage loan.

In case of his unfortunate demise after 5 years, out of the $ 40 lacs of life insurance cover, outstanding loan balance will be paid to the lending financial institution and remaining amount of the life cover will be paid to the nominee