Sentences with phrase «equity lender instead»

You'll get out of debt faster by taking all (or at least most) of the money you needed to keep up with your credit card bills each month and sending it to your home equity lender instead.

Not exact matches

«Instead of having a fire sale and dumping [the unsold inventory] and causing chaos, what you're having is lenders, owners [and] private equity investors saying, «We believe in the collateral, we believe in the product, and we don't think they should slash the prices.

If you require access to capital and haven't had luck with traditional lenders, you may want to look into a home equity loan instead.

However, the overwhelming majority of lenders are going to require you to move forward with an auto equity loan instead — with all of the disadvantages that it brings to the table.

So instead of making regular payments to your lender / investor, you grant it a share in your home's equity down the road.

Instead of using credit score to approve mortgages, private lenders will look at the equity in the property.

«Some lenders will consider a new appraisal instead of the original sales price or appraised value when deciding whether you meet the 20 percent equity threshold.»

Instead, the lender makes payments to the borrower against the equity of the home until the property is sold, or the homeowners move or pass away.

Instead, the lender is simply loaning money which is secured by the home's equity.

Instead of judging you based off of your credit score like other lenders might, LoanMart focuses on other important factors such as the equity of your vehicle and your ability to repay the loan.

As a direct lender, we focus on real estate equity instead of borrower credit or financial history.

More and more investors in Minnesota are instead opting to secure financing from St. Paul hard money lenders, in a situation where a borrower receives funds secured by equity in real estate.

Instead, hard money lenders are more concerned with the amount of equity the borrower has invested in the property that will be used as collateral.

In the case of a reverse mortgage loan, instead, the lender makes payments to the borrower based on a percentage of the equity value in their home.

Hard money lenders instead focus on the equity in the property being purchased or refinanced.

There are no monthly payments with a reverse mortgage; instead, the lender pays the homeowner a sum based on the age of the loan recipient and the amount of equity in the home.

Home Equity Conversion Mortgage (HECM) Usually referred to as a reverse annuity mortgage, what makes this type of mortgage unique is that instead of making payments to a lender, the lender makes payments to you.