Sentences with phrase «debt ratio restrictions»

Many lenders have limits on # of units and tight income / debt ratio restrictions.

Not exact matches

There are other debt ratios that lenders use such as (33/38 or 45/45); however, these loans usually require higher down payments and contain various restrictions.

Financial covenants are frequently ratios that the borrower is required to stay above or below (a 2:1 debt - to - equity ratio or interest coverage ratio, for example), but there are usually also restrictions on debt levels and minimum working capital requirements.

Credit score, maximum loan amounts, debt - to - income ratios, income, and location restrictions to apply.