Sentences with phrase «fees than traditional loans»

In general, these short - term loans have term lengths under a year and have higher interest rates and fees than traditional loans.

Not exact matches

This was absolutely not a sale in the traditional sense — it's glorified loan meant to get Porto the kind of fee they wanted (and couldn't get from a big club a year ago), to get Wolves promoted (which is their massive payday), and to get Mendes more on the agent fee front (which is more lucrative for him via sale than a traditional loan).

Not only were Quicken's interest rates better for Virginia, its loan fees were lower than quotes obtained from more traditional bank - based mortgage lenders.

Patrick Cunningham, vice president of Home Savings and Trust Mortgage in Fairfax, Virginia, says a «no - cost refinance» can provide financial benefits even if the mortgage rate difference is smaller than it would be in a traditional refinance since you are financing the closing costs and fees into the rate and / or loan amount.

Remember that while interest rates may be lower than through a traditional lender, there may be associated fees with a P2P loan that you'll need to take into consideration.

These loan types are popular among first - time buyers because they typically have lower rates and fees and greater flexibility than traditional loans.

If you have low - to - middling credit scores, a high loan - to - value ratio, and / or other monkey wrenches like a manufactured home or condo, HARP may be better than traditional financing — there is a 2 % cap on fees, while normal refinances can have much higher surcharges depending on the strength of your application.

Interest rates tend to be higher for RV loans, but fees may be lower than what you'd pay for a traditional mortgage.