Sentences with phrase «easier on the borrower»

The process is not only faster but also easier on the borrower since it eliminates the need to provide full documentation, like you would for a standard conventional loan.
The terms are quite flexible and are designed to be easy on borrowers when working towards their financial situation.
These loans are more comfortable for the lender and repayment terms and conditions are usually easier on the borrower.
Hard Money is sometimes easier to get (no qualifying can be available with good security) is much Harder as to terms i.e. interest, ARV, Points, Fees, overall cost compared to so called conventional or soft money... where terms and conditions are softer or easier on the borrower often because there are safeguards built into soft money loans that are significantly less risky than are the typical Hard Money Loans.

Not exact matches

An easy way for borrowers to get a jump on student loan payments before their grace periods end is to make them automatic, Kantrowitz said.
The bottom line: Reasonably well - qualified borrowers should be able to secure financing in 2016, and it might even be easier on the conventional side.
Borrowing rates will rise for governments, home buyers and other long - term borrowers, while savers will see more returns on conservative holdings such as savings accounts and it should become easier to fund pension savings.
Among its promises are that Democrats will support free community college for all, make it easier to repay student loans, allow borrowers with student loans to discharge their debts in bankruptcy if necessary, strengthen higher education schools that serve minorities, crack down on «for - profit schools that take millions in federal financial aid,» and continue to work to improve public schools by holding teachers and schools «accountable.»
There's still room for selling a borrower on a book if the book is good enough — and making the book good enough is the job that most authors do best (at least, they always tell me that «writing is the easy part».
Short terms on payday loans call for responsible borrower behavior, as cash advances are easier to get than to pay back.
There are many reasons borrowers should try to keep their student loans paid on time if not sooner — it can help their credit, will stop them from being fired in some cases, and might let them sleep easier at night.
While these types of loans are easy to get, payday loans come due in full on the next payday, which usually puts borrowers in a bind financially once they factor in other household expenses that must be paid regardless of how much Christmas shopping they have done!
For an older used car, it's quite easy for borrowers to find themselves «upside - down» — meaning that they owe more on their loan than their car is currently worth.
As such, it's easier to do due diligence on borrower risk.
This mobile app makes it easy for borrowers to stay on top of their monthly payments, and it lets them keep track of interest and the remaining principal balance on a personal loan.
And since they focus their products on bad credit borrowers, securing loan approval is a lot easier.
This makes it easy for even those borrowers who have grossly negligent items on their credit files, like bankruptcy and judgments, to receive the money that they need.
This can make a borrower's finances easier to manage and make it easier for them to keep on top of their repayments.
No prepayment penalty: In June 2012, the Reserve Bank of India abolished prepayment penalty on all floating rate home loans, making life easier for borrowers.
Borrowers are encouraged to do their own research on the servicing companies before getting a loan through Brazos; the company itself, however, is easy to contact and work with.
Borrowers in red and blue states have different experiences with student debt.It's easy to pinpoint the factors that cause people to default on their student loans.Read Forbes» in - depth analysis: Student Debt Loans And Defaults Differ... [Read more...] about Student Debt Loans and Defaults Varies Across America
Besides being able to shop for real estate on the Internet, potential borrowers have wonderful opportunities for applying to mortgage online: hassle - free and easy.
The availability and easy access to debt consolidation can have a negative impact on borrowers in Canada.
On the other hand, a borrower who pays a fixed - rate mortgage of 5 percent would benefit from 5 percent inflation, because the real interest rate (the nominal rate minus the inflation rate) would be zero; servicing this debt would be even easier if inflation were higher, as long as the borrower's income keeps up with inflation.
Edfinancial services manages their federal loans a little bit differently from their private loans, but their main focus as a company is on great customer service and making it as easy as possible for borrowers to repay their student loans.
Because approval for these loans rest mainly on the size of the income the borrower has, applying for an unsecured personal loan for bad credit is seen as very easy.
Designed for borrowers with emergency, short - term financial needs, payday loans can often be approved and paid into an account on the day of application, offering an easy - to - use option for consumers in urgent need of finance who don't have time to go through banks or more traditional lending options.
At the first sight, an easy home refinance with a low credit can mean that a borrower is selling his life on a bad deal.
Paying off student debt ranks high on the list of goals for many borrowers, and the National Student Loan Data System makes it easy to review the progress towards that final payment.
«So while lenders still may charge different fees for different things, the fees are displayed on the same exact form as another lender, making it easier for the borrower to compare.
That is, an amortized loan requires a fixed payment over a fixed term, making it easy for borrowers to decide whether they can afford to take on new debt.
On the one hand, amortization makes it easy for borrowers to understand their repayment obligations.
Its lending model, based on several credit tiers that offers the option for adding a cosigner to make the approval process easier for student borrowers.
In particular, technological advances facilitated credit scoring by making it easier for lenders to collect and disseminate information on the creditworthiness of prospective borrowers.
But some experts discourage refinancing a federal loan, since its transition to a private loan eliminates those built - in benefits designed to make federal student loans easier on you, the borrower.
On the micro level, she said it'll be easier for borrowers to provide data to lenders, because much of it will be coming directly from sources such as the IRS (which is already already working on an API to make data export easier) or commercial transaction databases such as CoStaOn the micro level, she said it'll be easier for borrowers to provide data to lenders, because much of it will be coming directly from sources such as the IRS (which is already already working on an API to make data export easier) or commercial transaction databases such as CoStaon an API to make data export easier) or commercial transaction databases such as CoStar.
Either way, in our experience it's much easier for a borrower to call if they know your rates in advance, than if they think you're making something up and trying to take advantage on the fly which, like Ann, I'd never advise.
Instead, the agency guarantees repayment to lenders if a borrower defaults, so that the lenders know they won't lose money on the deal, thus allowing them to offer competitive mortgage rates on loans that are easier to qualify for than conventional home loans.
Likewise, it would be just as easy for you to prove that the borrower was inclined to walk away from the property and default on the loan... Why else would he hand you a deed subject to his mortgage?
When President Obama signed NAR - backed FHA condo financing legislation into law this summer, much of the focus in the news was on lower owner - occupancy requirements and other changes that would make it easier for borrowers to use federally insured loans for condo purchases.
First - time buyers are often just getting on their feet financially, so they benefit from borrower - friendly loan features like easier approval and down payment assistance.
This form is longer, but «mirrors» the information on the Loan Estimate, making it easy for borrowers to compare the promised terms and conditions, to final mortgage costs and details at closing.
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