Sentences with phrase «flexible than traditional loan»

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Because small businesses are considered higher risk than their larger cousins, the SBA loan guarantee helps banks offer more flexible loan terms, meaning borrowers can be approved even if they have fewer assets than what would be required with a traditional term loan at the bank.

Becoming a business loan broker is more flexible than becoming a traditional bank loan broker, which is a very rigid job role that is restricted to only a few lending products.

While rates for bridge loans are often much higher than traditional mortgage rates, this type of financing is flexible and can help you straddle the financial leap from your current home to your new home.

These loans have more flexible terms than those imposed by traditional long - term mortgage loans, and are much easier and quicker to procure.

The terms of a home equity loan are more flexible than those of a traditional bank mortgage, which is definitely the reason why so many people seek it.

FHA credit guidelines have always been more flexible than traditional conventional mortgage loans.

Because small businesses are considered higher risk than their larger cousins, the SBA loan guarantee helps banks offer more flexible loan terms, meaning borrowers can be approved even if they have fewer assets than what would be required with a traditional term loan at the bank.

Our Hard Money SFR Rental Loans also are much more flexible than traditional bank lLoans also are much more flexible than traditional bank loansloans.

Its unique criteria allow borrowers to qualify for more financing than traditional lenders offer, and SoFi prides itself in offering flexible down payments ranging from 10 % to 50 %, even on jumbo loans.

Moreover, since each hard money loan is evaluated individually, details like repayment schedules can be more flexible than in a traditional loan.