Sentences with phrase «collateral for one's loan»

With whole life, your policy will build cash value which you can use as collateral for a loan from the insurance company.

We mentioned a couple stories at the outset about how people have used their policy's cash value as collateral for a loan from life insurance to help fund their dream business.

A great strategy to make your application for a fresh start loan look even better is to provide collateral for the loan in the form of a home or real estate property.

They specialize in larger loans; you can use your car as collateral for a loan for up to $ 50,000.

A lender will not be able to place their own lien on the car as collateral for the loan if a lien is in place.

The bank looked at a proposed transaction to determine if the buyer could afford the payments, and typically sent an appraiser to see if the home represented sufficient collateral for the loan.

Similar to the cash values in a life insurance policy, bond owners may use municipal bonds as collateral for loans without any adverse income tax consequences.

As an asset, this note can then be used as collateral for a loan with a private - money investor; this is known as a collateral assignment of note and mortgage.

If you are lending money, make sure there is significant collateral for your loan.

Signature loans work by putting in your signature as collateral for the loan instead of an asset.

Now you need a life insurance policy as collateral for the loan before you can close the deal?

• Coming up with additional collateral for your loan.

The money grows over time and the policyholder can use the money as collateral for a loan from the insurer if he or she needs to get access to cash in a hurry.

In addition, personal loans are unsecured, which means borrowers do not have to provide collateral for the loan, and they offer structured repayment terms that are easy to understand.

The deposit you provide to the bank serves as collateral for the loan.

According to Reuters, real estate directly affects 40 separate business sectors there, including gaming, which VIP gamblers use as collateral for loans taken out to bet with.

This is mainly to protect the lender from loaning money on a property that doesn't provide enough collateral for its loan.

The obvious advantage is that your motorcycle isn't collateral for the loan.

For those dental loan borrowers who have less than perfect credit or who do not wish to pledge collateral for the loan, a cosigner may be required in order to be approved.

In the second auction, the Desk will auction Treasury collateral for loan against a pledge of AAA / Aaa - rated private - label residential MBS not on review for downgrade, as well as collateral currently eligible for Desk repurchase transactions.

At LendingClub, you won't be required to put up collateral for loans under $ 100,000, and the lender has better terms than many other alternative lenders, with maturities up to 5 years and APRs starting at 7 %.

Notes: IRA Share Certificates and Liquid Share Certificates can not be used as collateral for this loan option.

Because, again, a life insurance policy loan is really nothing more than a personal loan from the life insurance company to the policyowner, for which the policy's cash value is simply collateral for the loan.

Unsecured business loans do not require collateral for the loan agreement.

This report is done by the home appraiser, who will do an interior and exterior inspection of the subject property to determine the value of the home to make sure it is adequate collateral for the loan.

A bad credit auto loan provides you with the money to fund your vehicle purchase, and the lender secures collateral for the loan in the form of putting a lien against the vehicle until it is paid for in full.

Foreclosure is the legal process that allows a lender to seize and later sell property used as collateral for a loan because the borrower defaults on the loan.

(Of course, final approval on any mortgage depends on the house you choose to buy because lenders must agree that it provides reasonable collateral for the loan.)

CD accounts are non-transferable, non-assignable, and may not be pledged except as collateral for a loan at Partner Colorado Credit Union (IRA certificates may not be pledged).

As the text of the suit spells out, this program «required excessive collateral as security for repayment of these loans, required an illegal transfer of plan assets to TIAA as collateral for the loan repayment when no such transfer is necessary or permitted, and violated DOL rules for retirement plan participant loan programs.»

Options to obtain a loan in lieu of the same as a guarantee against non-payment: Banking institutions take these plans as collateral for any loans given to the insured.

Many banks tell their clients to buy life insurance in collateral for their loan approval just in case anything were to happen to them at least the life insurance would be paid out to cover their expenses.

However, if you do not want to venture out too much while seeking investment options, you can stick to a traditional insurance policy, which will provide you adequate coverage for your minor child's education, medical expenses, coverage in case ofdemise of either of the parents, and also act as a suitable collateral for loans taken for higher education.

The cash component can be withdrawn, reinvested or used as collateral for loans during the policyholder's life.

Collateral for the loan consists of 15 development sites, which have historically been used as parking lots, and are fully approved by the Boston Redevelopment Authority (BRA) for 5.3 million square feet of new retail, residential, hotel and office development within 15 buildings.

Hard money lenders are more able (and willing) to make these loans because, unlike banks and other institutional lenders, they use asset - secured underwriting with the real estate serving as the sole collateral for each loan, and they are able to charge enough interest in order to cover the high risks involved in underwriting such loans.

You may have to pledge collateral for the loan, such as business equipment, inventory, or real estate

Jewellery, coin or stamp collections, antiques and other heirlooms can only be used as collateral for a loan if they have an authentic, verifiable appraisal certificate to accompany them.

Are you willing to pledge personal assets as collateral for a loan from a bank or financial institution to start or grow your business?

At LendingClub, you won't be required to put up collateral for loans under $ 100,000, and the lender has better terms than many other alternative lenders, with maturities up to 5 years and APRs starting at 7 %.

They will let you use your car as collateral for a loan in Nevada and Utah.

Note: IRA Share Certificates and Liquid Share Certificates can not be used as collateral for this loan option.

Review the appraisal to confirm the market value and determine if the property represents sufficient collateral for the loan

STORE Capital actually source its debt from both unsecured bonds (which are BBB rated with a stable outlook) and on a non-recourse basis, meaning that its individual properties are collateral for loans taken to buy them.