Sentences with phrase «considering additional loans»

After examining all your sources of income and reviewing your documents, some lenders use your total available credit to determine your credit eligibility when considering additional loans or lines of credit.

Not exact matches

«There's lots of additional content to consider, such as everyday savings offers, general business advice and the availability of things like working capital lines of credit and installment loans,» says Richard Tambor, senior vice president and general manager at New York City - based American Express Business Finance.

There are other factors to consider (the side benefits of federal consolidation loans for example), and there are additional strategies not covered in this scenario that some borrowers may be able to utilize.

There are certainly costs associated with borrowing that need to be considered, but if the total dollar cost of the loan enables the business to generate additional profits, it could be a good decision — provided the numbers make sense for your business situation.

Getting a loan in cash requires time for considering an application, collecting additional documents, assessing the collateral or presenting a surety.

It is up to you and your team to analyze HighTech's current position, evaluate the major technology challenges, consider the options, and decide whether and how to pull additional money from the market (loans or stock issuance, for example) to finance these options.

To help additional people acquire affordable home loans, FHA recently announced changes to its program, which will benefit anyone considering buying or refinancing.

Monitor your statements regularly for mysterious transactions, and seriously consider whether you need additional products before you take a banker's advice on applying for a new credit card or taking out a loan with Wells Fargo.

Additional possibilities include auto title loans or borrowing against home equity, but it's important to consider potential consequences for failing to repay secured loans.

No cash can be used to payoff additional loans or be given back to the borrower; otherwise the loan will be considered a cash - out refinance

If you're in need of additional help when in a financial emergency, then you may be considering aid from a payday loan lender.

The first of these, prequalification, can be done at any time with any lender and the purpose of this step is simply to get a preliminary determination from a lending organization such as a bank, lending company, or credit union that you should be able to get approved for a loan based on your credit score, your income, monthly debt, and additional factors that are considered.

Bear in mind that independent students, depending on applicable circumstances, may automatically be eligible or considered for the additional loan money associated with dependent students whose parents do not qualify for the PLUS loan.

But Private Student Loans are an additional option for students to consider.

If you need additional student loans above that limit, you may need to consider private student loans or parent loans.

For example, consider paying down your loan faster by making additional, principal - only payments.

The difference between conventional and FHA loan rates varies along with fluctuating mortgage rates and borrowers also need to consider the additional costs associated with both loans.

For additional assistance in determining which mortgage loan program provides the ideal solution for your goals, consider consulting a reputable real estate agent or mortgage broker with experience in working with a variety of clients.

Things to consider include the loan amount, qualified interest rate, term of the loan and any additional costs to the monthly payment.

However, note that a new loan is considered additional debt, which may impact your ability to get approved or the amount you may be able to borrow.

Loans that are considered «high cost» are subject to additional disclosure requirements and restrictions.

This type of refinancing loan may have certain implications at closing, and there may be additional closing cost fees to consider.

Even after jotting down your pro / con list, there are still some additional factors that are important for you to consider when deciding whether or not you should pay off your student loans in full right now.

(Automatic default can also be triggered if you die before the loan is paid off; ask your lender about repayment terms and consider purchasing additional life insurance for yourself to allow for this possibility.)

For purposes of our SBA loan topic when considering permanent life insurance, it is most important to understand that (in addition to term life) the required death benefit to satisfy SBA can be purchased in a number of ways that offer additional lifetime and strategic benefits.

The equity in your home is typically considered as loan proceeds and not additional income.

These are two additional points to consider when applying for a loan.

If your debt - to - income ratio is below 36 %, almost any creditor will consider you for a new mortgage or loan because they feel confident that you will be able to cover the additional monthly payments.

We published an article titled «When to Consider Refinancing Student Loans» that will give you some additional insight into potential reasons you might look to refinance your student lLoans» that will give you some additional insight into potential reasons you might look to refinance your student loansloans.

If the debt ratio is greater than 36 %, then lenders are forced to get creative on the loan and start considering additional factors such as credit, assets and available savings.

An additional calculation would consider that college costs increase each year, and total loans originated would increase each year as well.

The research, based on a survey of more than 3,000 working professionals across the U.S., found that 45 % of the respondents with outstanding student loan debt consider a student loan repayment the single most compelling employee benefit among six potential options, including additional retirement and health care contributions.

Payday Loan Tips For You - Informative blog with additional information to consider when applying for a payday lLoan Tips For You - Informative blog with additional information to consider when applying for a payday loanloan.

When analyzing interest coverage trend over several accounting periods, it is important to consider significant changes in the level of borrowings since the full extent of such changes on future interest cover may not be entirely revealed due to the effect of additional borrowings or repayments of loans close to end of accounting periods.

«If your loan is $ 300 every month to be paid on the third then you might want to consider paying an additional $ 100 on the fourth of the month, if you're able to,» she said.

Bank loans and emerging - market debt offer attractive yields but come with additional volatility relative to traditional bonds, so investors should consider the tradeoff and size positions accordingly.

FHA credit score requirements are considered very aggressive, but the Direct Endorsed underwriting involved in approving home loans allows for more flexibility because it considers additional and compensating factors.

Even taking a loan from an annuity, unlike a loan from a cash value life insurance policy, is a taxable event because it considered either an early withdrawal of cash OR an additional withdrawal over the regular monthly payment.

When considering whether you can afford to take out additional student loans, it's best to understand what you expect to make when you're out of school.

Consider costs, financing options and home loan rates, quality of life, and location first, and then approach the additional concerns that come with moving into a family home.

Other popular payment options you could consider to reduce the time and cost of your mortgage loan include making biweekly payments or making one additional payment each year.

There are other factors to consider (the side benefits of federal consolidation loans for example), and there are additional strategies not covered in this scenario that some borrowers may be able to utilize.

Also, your personal credit history will likely be considered down the line along with your business credit history when you apply for additional loans.

Accordingly, the Department is requesting public comment on factors to be considered in evaluating undue hardship claims asserted by student loan borrowers in adversary proceedings filed in bankruptcy cases, the weight to be given to such factors, whether the existence of two tests for evaluation of undue hardship claims results in inequities among borrowers seeking undue hardship discharge, and how all of these, and potentially additional, considerations should weigh into whether an undue hardship claim should be conceded by the loan holder.»

The mortgage was only $ 300,000 (in Los Angeles that's considered cheap, since the median house sales price is now around $ 700,000), but I decided on a $ 500,000 term life insurance policy because I had additional debts like student loans and credit cards that I wanted to make sure would be taken care of.

Nevertheless, an additional cost can develop from withdrawals or loans from your SPL, since SPL insurance policies are typically considered modified endowment contracts (MECs).

Possible: Way too many additional loans can lead to a debt «consolation» advisement from a lender, like, «Have you considered fleeing the jurisdiction?»

Montegra will consider financing a loan for the purpose of finishing a small portion of a larger construction project if the initial construction loan did not provide sufficient funds to finish and the initial construction lender will not provide the additional funds required.

Purchase & rehab blanket loans considered with income - producing properties as additional collateral.

The initial institutional or bank lender is unwilling to advance additional funds to complete the construction, but Montegra will consider funding a new first - mortgage construction loan of $ 600,000 to pay off the original mortgage and provide the necessary additional funds to finish the property.