Sentences with phrase «cover for loan losses»

Not exact matches

For instance, if you take out a $ 100,000 SBA 7 (a) loan and the SBA backs 85 % of this loan, this means that the SBA will cover your bank's losses up to $ 85,000.

We offer extended service contracts on all carsranging from 3 months / 4500 miles to 48 months / 50000 miles.service contracts may be purchased and financed within the car loan or paid for in full outside of the car loan.guaranteed asset protection (gap) Coverage is also available to cover the difference between an insurance settlement and the remaining loan due in the event of total loss of the vehicle.off site pre-purchase inspections are available with in 5 miles range from our dealership as long the check up it is not performed by any franchise dealers.

For instance, if you take out a $ 100,000 SBA 7 (a) loan and the SBA backs 85 % of this loan, this means that the SBA will cover your bank's losses up to $ 85,000.

Including insurance as part of your overall financial plan and choosing from a range of solutions for your CIBC Mortgage Loan, Personal Line of Credit, Credit Card or Personal Loan can help you and your family cover your loan payments in the event of disability, job loss *, critical illness ** or in the event of deLoan, Personal Line of Credit, Credit Card or Personal Loan can help you and your family cover your loan payments in the event of disability, job loss *, critical illness ** or in the event of deLoan can help you and your family cover your loan payments in the event of disability, job loss *, critical illness ** or in the event of deloan payments in the event of disability, job loss *, critical illness ** or in the event of death.

Gap insurance ensures that you're covered for the difference between what you owe on your car lease or loan and what your car is worth at the time of a total loss.

If you succeed in paying off the loan, you might fail in paying for college, or covering costs in the event of a job loss, medical problem, marital issue, or other family concern.

Private mortgage insurance (MI) enables these borrowers to qualify for a conventional loan by insuring the lender against potential losses in the event a borrower is not able to repay the loan and there is not sufficient equity in the home to cover the amount owed.

This proposal would create a cost structure (including interest rates, fees, and other components) that would generate sufficient revenues for the government to cover its costs of lending, including its cost of capital, loan servicing, collection costs for defaulted loans and any losses due to defaults or other discharge of the debt.

This fee goes directly to the Department of Veterans Affairs to help cover losses and keep the loan guarantee program viable for future generations of military homebuyers.

If the terms of a mortgage loan contract requires a borrower to purchase both a homeowners» insurance policy and a separate hazard insurance policy to insure against loss resulting from hazards not covered under the borrower's homeowners» insurance policy, a servicer must disclose whether it is the borrower's homeowners» insurance policy or the separate hazard insurance policy for which it lacks evidence of coverage to comply with § 1024.37 (c)(2)(v).

Lacking a sophisticated system for determining your ability to repay the loan, payday loan operators set high fees and interest rates to cover their losses.

The insurance covers the borrower's payments — up to $ 1,500 per month for six months — in the case of a job loss during the first two years of the loan.

Gap insurance ensures that you're covered for the difference between what you owe on your car lease or loan and what your car is worth at the time of a total loss.

These plans provide risk cover for loss of income, financial liabilities (home loan and other loans), financial responsibilities (children's education, marriage etc.) against untimely death of the family bread earner.

also alternatively on a lighter note, how about taking a Loan on Policy and invest the same in a better instrument to partially cover for the notional losses that I had suffered so far...: --RRB-

Taylor, Bean & Whitaker Mortgage Corp.'s former president Raymond Bowman and its former treasurer Desiree Brown were convicted for their part in trying to cover up major losses by the company in moving money between accounts at Colonial Bank and selling mortgage loans that never existed or that had previously been sold.

The insurance covers the borrower's payments — up to $ 1,500 per month for six months — in the case of a job loss during the first two years of the loan.

He'll cover: • Loan modification failures and the unresolved pile of properties it left behind • Percentages of delinquent loans and REOs sold in a bulk • Delinquent loans destined to becoming REOs or short sales • The staggering loss per property for Fannie Mae in California • The status of NSP and First Look programs • Length of stay for delinquent owners • Negative equity mix in California • The mix of REO vs short sales • And a lot more

FHA has been left without premiums to cover losses on loans held beyond the period for which it collects premiums.

Its going to insure its own appraisals for real estate investors and lenders by covering the losses of lenders and investors when «a valuation inaccuracy is discovered» in the case of loan default, foreclosure or buyback.