Sentences with phrase «deal over the life of the loan»

BUT... you will be able to avoid future mortgage payment increases and may save a great deal over the life of the loan.

If done properly, this can potentially save you a great deal over the life of the loan.

If you want to find it on your own, they will do that, as well, but the nice thing about working with an exclusive buyer agent is that if you need them to, they will look over things like your good faith estimate and the paperwork that you receive from your mortgage company or your lender, and make sure that you're truly getting the best deal over the life of your loan.

Not exact matches

Because the rate you lock in can significantly affect your monthly payments, as well as the amount you pay over the life of your loan, it's important to get the best deal possible, right from the start.

In order to receive such a deal, generally the interest rate is increased or bundled into the loan in the form of higher principal, which you will repay with interest over the life of the loan.

This can save you tens of thousands of dollars over the life of the loan and help you find the best deal possible.

In that case, you add the points paid on the latest deal to the leftovers from the previous refinancing and deduct the expense on a pro-rated basis over the life of the new loan.

Ten basis points may not be a deal killer, but on a $ 420,000 loan it would add more than $ 6,000 to your total interest payments over the life of the loan.

These homeowners, however, could save a great deal of money by reducing the amount of interest you pay over the life of the loan.

«This year we've had the same volume of loans performed as usual, but we've also been receiving frantic calls from veterinarians saying their lender backed out and they're in the middle of a project,» says Annemarie Murphy, a senior loan officer and part owner of Live Oak Bank in Wilmington, N.C. «There's no rhyme or reason to which banks will end their deal — no region or size of bank is standing out — but it's happening all over the country.»

Investors in these deals can lock in returns, take ownership of a property that appreciates over the life of the lease, and use lease payments to retire the loan.