Sentences with phrase «certain loan to value»

Homeowners are generally required to have an escrow account until a certain loan to value ratio is met.

Not exact matches

If at any time the aggregate amount of outstanding revolving loans, unreimbursed letter of credit drawings and undrawn letters of credit under the Asset - Based Revolving Credit Facility exceeds the lesser of (a) the commitment amount and (b) the borrowing base (including as a result of reductions to the borrowing base that would result from certain non-ordinary course sales of inventory with a value in excess of $ 25 million, if applicable), NMG will be required to repay outstanding loans or cash collateralize letters of credit in an aggregate amount equal to such excess, with no reduction of the commitment amount.

The suggested fixes include capping loans at 65 per cent of the home value, introducing new and more conservative means of estimating how much a residence is worth, and amortizing the loans (meaning that borrowers would have to repay the principal within a certain time frame, as in a mortgage, whereas now they can simply keep paying interest on their HELOCs).

If at any time the aggregate amount of outstanding revolving loans, unreimbursed letter of credit drawings and undrawn letters of credit under the Asset - Based Revolving Credit Facility exceeds the lesser of (a) the commitment amount and (b) the borrowing base (including as a result of reductions to the borrowing base that would result from certain non-ordinary course sales of inventory with a value in excess of $ 25 million, if applicable), we will be required to repay outstanding loans or cash collateralize letters of credit in an aggregate amount equal to such excess, with no reduction of the commitment amount.

After paying down a certain portion of a mortgage — or after reaching a certain loan - to - value ratio, usually 80 % — homeowners can draw on the funds they've put down through a HELOC.

It may be possible to cancel private mortgage insurance at some point, such as when your loan balance is reduced to a certain amount — below 75 to 80 percent of the property value.

After paying down a certain portion of a mortgage — or after reaching a certain loan - to - value ratio, usually 80 % — homeowners can draw on the funds they've put down through a HELOC.

At LoanMart, the only certain way to find out what types of cars could gain approval for title loans is to send in the specific car's information for us to value it.

The updated basics are that the loan to value cap has been lifted, certain fees in certain situations have been removed and for borrowers who have loans owned by Fannie or Freddie and who have not been delinquent more than 1 x 30 days in the past twelve months (0 x 30 in the most recent six months) they may find refinancing available to them even if they are underwater on their mortgage to equity ratio.

Lenders may want or require 20 % (or any other amount) down so the loan will meet certain «loan to value» ratio requirements.

It may be possible to cancel private mortgage insurance at some point, such as when your loan balance is reduced to a certain amount - below 75 % to 80 % of the property value.

When you apply for a loan certain information is needed such as your name, income, Social Security number the address and estimated value of the home and the amount of money you would like to borrow.

A HELOC lender only allows a certain percentage of the loan - to - value ratio for a HELOC credit line, often ranging from 80 to 90 %.

Combined Loan to Value (CLTV) up to 80 % for certain mortgage products, property types and loan amouLoan to Value (CLTV) up to 80 % for certain mortgage products, property types and loan amouloan amounts.

You have to appreciate the certainty here, and, well, the company should be certain with approximately half of the one - to four - family loans in its portfolio carrying a current loan - to - value ratio of greater than 100 %.

It may be possible to cancel private mortgage insurance at some point, such as when your loan balance is reduced to a certain amount — below 75 % to 80 % of the property value.

And rather than having to move certain segments from an indexed fund to the fixed account, variable net cost loans are available which allow crediting from index strategies to be applied to the portion of the cash value being used as collateral.

Moreover, the strong loan - to - value ratio on these loans should ensure that my principal is returned on loans that fail, although return of interest payments is less certain.

HARP waived certain loan - to - value requirements, and close to 1 million U.S. households took advantage.

Please be advised that we have reduced and / or limited the loan value and concentration guidelines on certain securities, due to their price volatility or liquidity.

A cash out refinance loan may have a lien that is similar to a second mortgage and may need to be paid out in a certain order of value.

Lenders must obtain a metric called LTV or loan to value ratio to decide whether to lend to certain individuals or not.

Creditworthiness, loan - to - value, certain cash - out refinance transactions, property type, subordinate financing, loan size and certain extended lock periods are also factors that may affect the rate, so your rate may differ.

As of August 18, 2017, Fannie Mae allows lenders to receive a Property Inspection Waiver (PIW) on certain one - unit principal residence and second home purchase transactions with loan to value ratios up to 80 %, rather than a tradition in - person appraisal.

If you have less than 20 % equity in your home, there are 2nd Trust Deed loans available for up to 95 % of the value of your home under certain conditions.

You can also reduce the face amount of a loan or surrender a certain amount of cash value to avoid incurring tax liability from a policy's lapse.

Like a normal home loan, you can only pull out equity to a certain limit, but instead of a loan - to - value ratio (LTV), this max amount is known as the principal limit factor (PLF).

Rates above are available for loan amounts over $ 2,000 and are subject to meeting certain underwriting criteria, such as owner occupancy and loan - to - value ratio.

Note that certain home loan products at Fannie Mae or Freddie Mac also look at HCLTV, which is the home equity combined loan to value ratio.

In plans that offer loans, you may also be allowed to borrow money from your account (up to 50 % of the vested account value or $ 50,000, whichever is less) with a five - year repayment period (or even longer for certain home loans).

To address one of your questions, I'm reasonably certain about the PMI (home value has gone up since taking out the loan), but will do a little more checking.

With the less traditional lending option of a car title loan, we are able to approve customers for certain amounts based on qualifying factors such as the current street value of their vehicle and their ability to repay the title loan.

It's a loan which allows you to make a purchase not paying the full value at once, but covering the cost and the interest rates during a certain period of time.

In many cases, you can borrow up to a certain percentage of the value of your home with this type of loan.

The Fair Credit Reporting Act (FCRA) defines a «credit score» as «a numerical value or a categorization derived from a statistical tool or modeling system used by a person who makes or arranges a loan to predict the likelihood of certain credit behaviors, including default...»

It may be possible to cancel private mortgage insurance at some point, such as when your loan balance is reduced to a certain amount - below 80 % of the property value.

Certain struggling homeowners can qualify to take a new loan for 25 percent more than their home's value, securing lower interest rates.

Depending on the type of loan you wish to obtain, the house will not only need to appraise at a certain value but may also need to pass certain health and safety standards.

To keep your line of credit open, you must maintain a certain amount of equity — the current value of your assets less the amount of the margin loan — in your account at all times.

Previously, certain FHA loans with a loan - to - value ratio of 78 percent or less were exempt from MIP payments.

Your interest rate, corresponding APR, and term will be based on certain credit worthiness criteria, loan to value, vehicle age, and amount financed.

Also, keep in mind that your home improvement can potentially raise the value of your home, thereby making a personal loan to accomplish certain home improvement jobs quite practical.

To be treated as a regulated investment company under Subchapter M of the Code, a Fund must also (a) derive at least 90 % of its gross income from dividends, interest, payments with respect to securities loans, net income from certain publicly traded partnerships and gains from the sale or other disposition of securities or foreign currencies, or other income (including, but not limited to, gains from options, futures or forward contracts) derived with respect to the business of investing in such securities or currencies, and (b) diversify its holdings so that, at the end of each fiscal quarter, (i) at least 50 % of the market value of a Fund's assets is represented by cash, U.S. governmeTo be treated as a regulated investment company under Subchapter M of the Code, a Fund must also (a) derive at least 90 % of its gross income from dividends, interest, payments with respect to securities loans, net income from certain publicly traded partnerships and gains from the sale or other disposition of securities or foreign currencies, or other income (including, but not limited to, gains from options, futures or forward contracts) derived with respect to the business of investing in such securities or currencies, and (b) diversify its holdings so that, at the end of each fiscal quarter, (i) at least 50 % of the market value of a Fund's assets is represented by cash, U.S. governmeto securities loans, net income from certain publicly traded partnerships and gains from the sale or other disposition of securities or foreign currencies, or other income (including, but not limited to, gains from options, futures or forward contracts) derived with respect to the business of investing in such securities or currencies, and (b) diversify its holdings so that, at the end of each fiscal quarter, (i) at least 50 % of the market value of a Fund's assets is represented by cash, U.S. governmeto, gains from options, futures or forward contracts) derived with respect to the business of investing in such securities or currencies, and (b) diversify its holdings so that, at the end of each fiscal quarter, (i) at least 50 % of the market value of a Fund's assets is represented by cash, U.S. governmeto the business of investing in such securities or currencies, and (b) diversify its holdings so that, at the end of each fiscal quarter, (i) at least 50 % of the market value of a Fund's assets is represented by cash, U.S. government

It is complicated, and requires extra money out of your pocket up front in the transaction, for you to get a mortgage outside of a certain loan - to - value ratio.

It may be possible to cancel private mortgage insurance at some point, such as when your loan balance is reduced to a certain amount — at or below 80 % of the property value.

Second, both types of home equity loan allow you to borrow a certain amount of home equity, up to a certain percentage of the home's value.

Usually, you are supposed pay a certain percentage of the house value to qualify for a loan but USDA home help you get your home with no savings at all.

Certain transactions involving the use of cash value as collateral for a loan or transfer of ownership to a third party with an insurable interest do not involve settlement contracts and do not require compliance with the various settlement regulations.

Therefore, if the beneficiary is counting on a certain amount of money for paying off bills of the insured, it will be important to repay a cash value loan or withdrawal as soon as possible.

And rather than having to move certain segments from an indexed fund to the fixed account, variable net cost loans are available which allow crediting from index strategies to be applied to the portion of the cash value being used as collateral.