Sentences with phrase «fulfill loan obligations»

You are not sure you can fulfill all loan obligations including paying homeowners insurance and property taxes.
The purpose of this rule is to ensure that borrowers have the financial capability to fulfill their loan obligations, such as continuing to pay property taxes and home insurance.
Lenders perform a financial assessment to evaluate your ability to fulfill the loan obligations listed above, thus minimizing the possibility of default.
Effective April 2015, this change requires reverse mortgage lenders to conduct a financial assessment of all applicants, in order to determine whether or not they must set aside a portion of their proceeds to fulfill loan obligations.
Lenders perform a financial assessment to evaluate your ability to fulfill the loan obligations listed above, thus minimizing the possibility of default.
The purpose of this rule is to ensure that borrowers have the financial capability to fulfill their loan obligations, such as continuing to pay property taxes and home insurance.
Other regulations include a limitation on lender origination fees, and a financial assessment to evaluate your ability to fulfill loan obligations such as the payment of property taxes and regular upkeep of your home.

Not exact matches

If you're making enough money to fulfill your debt obligations, have good or excellent credit or can produce a cosigner, a College Ave Refi loan may meet your refinancing needs.
In other words, it means that if one needs around 50 % of his income to meet his personal expenses, the other half is committed towards fulfilling his fixed obligations including the home loan.
Also, by taking a loan from an online lender, you can polish up your credit scores as you fulfill your repayment obligations.
Use the card regularly and responsibly, and (all else equal) over time you may find you qualify for an unsecured card and your security deposit will be returned to you, as long as you have fulfilled your obligations on the card and do not have any outstanding balances and if you have other credit cards, loans, etc., that you are handling those accounts responsibly as well.
To qualify for a mortgage, borrowers are required to show they have the income to fulfill all financial obligations — including existing car or student loans and credit card bills.
But if you fulfill these obligations, you may continue living in the home for as long as you wish without making payments towards the loan.
Our team will fund your bridge loan up to 12 months so you can fulfill your financial obligations.
By signing the Agreement to Serve, you agree to these terms and conditions and acknowledge that if you do not fulfill the service obligation described in the agreement, the TEACH Grant funds you received will be converted to a loan that you must repay.
Making a decision to apply for a Personal Loan to HDFC Bank, will definitely be advantageous; will save on costs & help to fulfil current obligations.
First and foremost, the lenders pressurize you to fulfill your financial obligations such as the home loan installments falling due against the mortgaged property.
[v] By making payday loans, banks hurt these communities financially rather than fulfill their obligations under the Community Reinvestment Act to provide the communities they serve with appropriate financial services.
If you are able to fulfill your payment obligations up to the last month or you pre-pay your loan, then your lien is released back to you without any problem.
After using your loan to fulfill your pressing financial obligation, the next step is to assume the monthly payments.
In spite of poor credit, some people have assets that they can leverage to acquire loans to fulfil their financial obligations.
It's your responsibility to fulfill the agreed - upon loan obligations, such as continuing to pay property taxes, homeowners insurance, and maintaining basic home repairs, or the loan may go into default.
default [top] Failure to fulfill an agreed - upon financial obligation, such as making a loan payment.
This program is available to graduates who have fulfilled a five - year teaching obligation at an Illinois school in a low - income area and have qualified for government loan forgiveness programs.
The loan terms are negotiated between the lender and the borrower and the obligations that emerge from the contract must be fulfilled or you may be liable.
If these obligations are not fulfilled as agreed upon under the loan terms, foreclosure may occur under any kind of home loan.
If you can't foresee now how you will fulfill the obligations of a balloon payment loan, this is probably not the right choice for you.
It all depends upon how you manage that student loan debt, and whether you are able to make your payments on time to fulfill your obligations as a responsible borrower.
Most people desire personal loans to fulfill many financial obligations, both short - term and long - term.
Critics of subprime lending point out that due to its nature, this type of loan is taken out by people who usually are not able to fulfill their payments and obligations.
Those who borrowed money from the United States government, and have fulfilled all of the obligations and rules, will have... [Read more...] about U.S. Will Forgive $ 108 Billion In Student Loans: Are You Eligible?
However, unlike other contracts wherein fulfilling certain obligations from both sides will generally be simultaneous, in life insurance contracts, the customer fulfils his obligations of payment of premium either immediately (single premium) or periodically (annually) with a hope and belief that the other party (insurer) will be fulfilling his part of the obligation in due course through multiple events like partial withdrawals, loans, survival or maturity benefits, surrenders or any live or death claim as per contractual obligations.
The sum assured received helps your family remain financially independent and fulfil any financial goals or obligations — it could be your children's education or payment of a home loan etc..
At different stages of your life, you need to fulfill financial obligations such as children's education, marriage, loans, etc..
Assumable mortgage: One in which the buyer agrees to fulfill the obligations of the existing loan agreement that the seller made with the lender.
To qualify for a mortgage, borrowers are required to show they have the income to fulfill all financial obligations — including existing car or student loans and credit card bills.
But if you fulfill these obligations, you may continue living in the home for as long as you wish without making payments towards the loan.
It's your responsibility to fulfill the agreed - upon loan obligations, such as continuing to pay property taxes, homeowners insurance, and maintaining basic home repairs, or the loan may go into default.
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