Sentences with phrase «for other borrowers»

That process can increase lenders» profits but result in fees or higher loan balances for veterans who may not understand the repercussions while driving up rates for other borrowers, Ginnie Mae says.

For other borrowers, federal student loans may have a lower, fixed interest rate that reduces the total cost of the loan over time.

Process for all other borrowers.

First, governments seek the approval of financial markets because their approval will be critical in determining the cost of borrowing for the government, as well as for other borrowers in the economy.

For other borrowers, saving the most money might not be their main goal.

Not exact matches

Some observers predict that such borrowers will be forced to tap networks of small investors who lend through mortgage brokers, as well as mortgage investment corporations — in other words, the most remote corners of Canada's shadow banking sector, which accounts for 40 % of Canada's banking space.

Other protections include access to alternative loans for borrowers who don't meet those requirements.

It is what makes possible the very popular 30 - year fixed - rate mortgage with a down payment that is manageable for a wide swath of creditworthy borrowers (20 %, with or without primary mortgage insurance for a conforming borrower), but also maintains other underwriting standards as well.

Like other high - cost lenders, the company touts its products as an option for borrowers who might not qualify for other sources of credit.

There are other factors to consider (the side benefits of federal consolidation loans for example), and there are additional strategies not covered in this scenario that some borrowers may be able to utilize.

We also awarded lenders up to one bonus star for a unique program or borrower focus that set them apart from other lenders.

Other borrowers might have to consolidate federal student loans to become eligible for IDR.

In other words, one - third of payday loan borrowers accounted for two - thirds of payday loans made in Washington State in 2009.

This type of automatic payment is also good for borrowers because, among other things, it has the potential to help a small business eliminate cash flow lumpiness by making more frequent and smaller debits on a daily or weekly basis as opposed to requiring a large loan payment on a monthly basis — although that is not the only benefit to small business owners.

For borrowers who are otherwise tempted to use the loan funds for other purposes, this may be helpfFor borrowers who are otherwise tempted to use the loan funds for other purposes, this may be helpffor other purposes, this may be helpful.

[2] Indeed, to my mind, the value of these initiatives has been less the «integration» aspect than the progress made in enabling eight local bond markets to function more effectively for foreign and domestic investors and, not least, for the governments and other borrowers of those countries.

When there is a loss of job, disability, or other circumstance causing a financial hardship, federal student loan borrowers have the opportunity to request a forbearance or deferment of their payments for a set period.

And while many lenders look beyond a borrower's personal credit score and consider other metrics that demonstrate a healthy business, a low personal score can be a go - no - go metric for many banks, credit unions, and other lenders.

At this time, only federal direct loans are eligible for PSLF, but a consolidation of other types of loans may indirectly provide loan forgiveness to some qualified borrowers.

It is common for borrowers to build up savings in the form of offset accounts, redraw balances or other assets.

For borrowers who qualify for the lowest rates or who want to use a loan for reasons other than debt consolidation, Discover may be a better option than PayoFor borrowers who qualify for the lowest rates or who want to use a loan for reasons other than debt consolidation, Discover may be a better option than Payofor the lowest rates or who want to use a loan for reasons other than debt consolidation, Discover may be a better option than Payofor reasons other than debt consolidation, Discover may be a better option than Payoff.

That also means that the interest rates for these loans are set by the lenders, based on the borrower's credit history and / or other underwriting criteria determined by the lender.

While overall access to traditional financing from a bank or credit union has become more difficult for some small business borrowers, it can still be a viable option for many others.

During this time we often also see informal kinds of partial debt forgiveness, for example when sovereign borrowers have repurchased their obligations in the secondary market at steep discounts, often secretly, or exchanged their obligations for other assets at a discount, for example the famous debt / equity swaps in several Latin American countries in the 1980s (see footnote 3).

For instance, the Income - Driven Repayment program sets aside a portion of a borrower's income during repayment, and others such as the Pell Grant program try providing alternatives to student loans

Generally speaking, we prefer OnDeck for borrowers who want term loans over $ 300,000 or who can not meet some of the eligibility criteria at other lenders.

CashCall is an alternative to other unsecured loans for qualified borrowers.

In the table below, we have included other startup loans for borrowers.

Investors are able to view the borrower's real estate project proposal, due diligence documents, ARV / LTV, interest rates and other pertinent information in order to determine whether or not the borrower's project is a good fit for the investing portfolio.

Although TD Bank did lack any options for 20 - year terms, few borrowers actively seek out anything other than a 30 - or 15 - year option.

Not many other mortgage lenders have devoted such attention to keeping borrowers and lenders on the same page, making the Home Insight Tracker a significant advantage to choosing PNC for your home loan.

The stimulus comes from the refinancing activity, which increases the amount of income that borrowers have available for other expenditures.

Advertising the position to BRAC microfinance borrowers and asking borrowers to recommend others for the position.

Once borrowers enter default, they lose eligibility for many federal programs such as deferment and income - driven repayment plans, their credit scores take a hit, and their wages may be garnished - among many other unfavorable things.

Best for: Borrowers with good to excellent credit, borrowers who want extra perks and borrowers who want to do other borrowing in the saBorrowers with good to excellent credit, borrowers who want extra perks and borrowers who want to do other borrowing in the saborrowers who want extra perks and borrowers who want to do other borrowing in the saborrowers who want to do other borrowing in the same place.

Other factors to consider when comparing federal and private student loans include borrower benefits not offered by private lenders, such as access to income - driven repayment programs and the potential to qualify for loan forgiveness.

For example, a relatively high percentage of first - time borrowers will default on their credit cards, mortgages, and other loans.

Borrowers who are well qualified in other areas could have a DTI ratio above 43 % and still get approved for an FHA loan.

Exceptions can be made for borrowers with excellent credit, significant cash reserves, and other «compensating factors.»

There are many advantages to filing jointly; borrowers will be eligible for the student loan interest deduction and other tax credits.

Because instead of limiting the overall availability of credit like it did in the past, the Fed now limits the credit available to other prospective borrowers by grabbing more for itself, which it then passes on to the U.S. Treasury and to housing agencies whose securities it purchases.

So it's important for borrowers, especially recent grads, to think about the best places to live — the cities in which they're not only likely to find a well - paying job, but also where rents and other living expenses aren't so exorbitant so as to add to their pile of debt.

Among other things, this meant higher down payments for borrowers.

Borrowing rates will rise for governments, home buyers and other long - term borrowers, while savers will see more returns on conservative holdings such as savings accounts and it should become easier to fund pension savings.

All of this is problematic for investors and portfolio managers, even as it is advantageous for governments and other borrowers.

Look for European corporations as well as other international borrowers to issue euro - denominated debt as they seek to take advantage of the ECB's printing press.

Other lenders will go below that level if they feel the borrower is a strong candidate for a loan.

This is even more accentuated by the fact that in a number of US states, there is no recourse for the lender to other assets of the borrower in the event of default (this is not the case in Australia, as discussed below).

The lender also hosts happy hours, mixers and other networking events for its borrowers and members.

There are finance companies and other establishments that offer bad credit car loans to consumers with damaged credit, and the prospects are often better for such applicants compared to borrowers with no history.