Sentences with phrase «financial situation changes»

This estimate, which is usually good for 60 - 90 days, indicates the loan amount and interest rate for which you would likely be approved assuming nothing in your financial situation changes.
It's the buffer that shows mortgage lenders you can cover upcoming mortgage payments even if your financial situation changes.
If your financial situation changes, or you haven't budgeted for those higher payments, you could have difficulty making payments and could lose your house to foreclosure.
Life Stage Protection: To possess adequate cover as your financial situation changes as you go on to accomplish different milestones in your life like upon your marriage, birth of a child.
Many people find the service to be more personalized, and renters insurance agents can anticipate your changing needs as your family evolves and your financial situation changes.
If Jim's financial situation changes in a few years, and he no longer needs the same amount of coverage, he will also have the flexibility to cancel one of his policies.
We all need to Budget these days and having a premium you can count on to remain the same today and in the future, means you can budget for your life insurance policy and not have to cancel your coverage in case your financial situation changes.
If your financial situation changes, you can surrender the policy and receive its cash value back from the insurer
This is all too common for people who enter retirement and their financial situation changes.
If your financial situation changes, or if you retire and have a fixed income, having the ability to reduce your policy for affordability may prevent you from losing coverage altogether.
A possible disadvantage is that the premiums of a variable life insurance policy generally are fixed and can not be adjusted if your financial situation changes.
If your financial situation changes over time, your refinanced loan terms may not work for you any longer.
Still, if your financial situation changes, the ability to change the death benefit amount within your policy is appealing.
This value can be wholly or partially surrendered for cash or converted to an annuity at any time, or it can be used to cover your premiums if your financial situation changes.
For example, you can increase its death benefit if your financial situation changes with the birth of another child or a new business venture.
If you or your family's financial situation changes, your loan awards could, too.
If you are not happy now, if you beat yourself up for every bad decision (financial or otherwise) you make, then you won't be happier when your financial situation changes for the better.
Refinancing may also be difficult at a later time if your house declines in value or if your financial situation changes and you can't get approved for a loan.
Still, if your financial situation changes, the ability to change the death benefit amount within your policy is appealing.
There are instances where your health or financial situation changes such that it would actually make better sense to convert your term policy to a permanent one.
As your financial situation changes, you should review your investment goals, time period for college investing, and personal financial situation and reassess whether you are investing enough to meet your college savings goals.
Setting up your own account protects you by giving you your own history of how you handle debt, to rely on if your financial situation changes because you are widowed or divorced.
Whenever your life or financial situation changes significantly, it can help to review your plan with a professional.
Make a budget, stick to it and adjust it as your financial situation changes.
Make sure to continue updating your budget as your financial situation changes.
However, even the smallest savings can be a lifesaver when your financial situation changes unexpectedly.
The IRS also allows you to re-characterize your Roth IRA back to a traditional IRA, which may be valuable if your investment value declines further down after you have done the conversion or if your financial situation changes and you do not want to pay your tax bill that year, as you can recoup the taxes paid for the conversion.
By choosing a financial institution, you have certain rights given the terms of the loan that will help protect you should you be late on a payment or your financial situation changes.
So if your financial situation changes, you can always adjust your pre-authorized contribution amount.
Change / update your primary and contingent beneficiary designations as your family and financial situation changes.
If you find your financial situation changes down the road, and your current repayment terms no longer meet your needs, you may be able to work with your lender to modify your repayment terms.
So, if your financial situation changes over time and you want a greater amount of coverage, you would be able to increase your policy's death benefit without demonstrating your insurability.
Remember that signing up for a repayment plan such as IBR does not mean you have to stick with it forever; you can always reevaluate in a few years if your financial situation changes.
It's the buffer that shows mortgage lenders you can cover upcoming mortgage payments even if your financial situation changes.
Or if the lender's financial situation changes for the worse, the lender may ask for repayment of the loan sooner than is possible for the business.
Remember that signing up for a repayment plan such as IBR does not mean you have to stick with it forever; you can always reevaluate in a few years if your financial situation changes.
A term policy being convertible doesn't increase the cost of a policy and simply offers you more options should your financial situation change later on, so we recommended asking for it when obtaining coverage.
My financial situation changed, so I contacted the dealer about a possible trade - in....
She didn't just give the price and run, she offered options that would make her car safe, but remove some of the cost until her financial situation changed.
So you don't want to just run out and buy an annuity and maybe end up with more guaranteed income than you actually need, as doing so might hamper your flexibility should your financial situation change during retirement.
As having a convertible policy doesn't change the insurer's risk while you maintain the term policy, it shouldn't increase your premiums and is generally just beneficial as it offers convenience should your financial situation change.
Most recently, Finance Minister Bill Morneau announced that stress tests will be required for all insured mortgages to ensure that borrowers would still be able to make their mortgage payments if interest rates rise or their financial situations change.
The Purcells» financial situation changed last year when Clete's mother passed away and they received an inheritance.
Flexible payments offer premium adjustments should your financial situation change, offering peace of mind during financial dips and peaks throughout your lifetime.
Nation 21 lenders know that sometimes financial situations change such that you are not able to follow through with your repayment plan.
Any change in your obligation to pay will date from the day you file papers seeking the change — not from the date your financial situation changed.
Husband did acknowledge that his health condition had not changed since the time the divorce decree was entered but argued his financial situation changed significantly.
Common situations that may necessitate a visitation modification include: Your child's preferences change; a parent's living or financial situation change; or sometimes one parent's living situation may suddenly become contrary to the best interests of the children.
A fact of life that everyone faces is that financial situations change and you might not always be able to pay for your car insurance premium every month.
Another drawback to mortgage life insurance is that, should your financial situation change and you no longer want coverage, you may not be able to cancel your policy, since it's tied to your debt.
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