Sentences with phrase «extra equity»

This means that any extra amount that you pay is immediately extra equity in your home that was not there before.

They're not willing to lend you this money, and they can't pay the bills with a little extra equity in your home.

«We have seen an uptick in loans heading to special servicing because borrowers are trying to figure out what they need to do and whether or not they need to put up extra equity in order to refi these loans,» says Melissa Che, director in the U.S. CMBS group at Fitch Ratings.

In addition, the extra equity means that the bank has significant room to expand its loan portfolio and increase earnings in the future.

The extra equity exposure in the NWM US Tactical High Income Fund also pared its losses from March.

If your home is worth more than what you currently owe on your mortgage, you can use that extra equity to take out a second mortgage.

I agree, how would you (the OP) feel if housing prices shot upward and the bank pulled some shenanigans like this to kick you out of your house so they could resell it and capture the extra equity?

Basically each month you'll pay down your mortgage, and use the extra equity portion of the payment (principle repayment) to invest.

But this is where the negative multiplier sinks its fangs in — for every 1 million of extra equity a bank wants to «produce / free up» for capital ratio purposes, it's forced to shrink its balance sheet by 10 - 20 million.