Sentences with phrase «given lender»

This extension gives lenders more time to determine the value of the property or to get the approval of a mortgage insurer.

The Australian legal system, which gives a lender recourse to all of the borrower's assets in addition to the house, provides the borrower with a stronger incentive to repay their loan.

By giving your lender permission to keep your title as collateral, you are giving them a security interest in your vehicle.

The new rules also help speed up the process of getting a mortgage by giving lenders the authority to reject outright credit - report information if a borrower can prove that it's wrong.

Credit score gives lenders a snapshot of your ability to pay back a mortgage, a car loan, a personal loan, and credit - cards.

During a credit search, credit reference agencies will give lenders information about your credit history based on your name and address.

The application will also include a hard credit pull to give the lender greater insights into your credit history.

It also gave the lender confidence that we understood how to run a business.

That will give lenders time to align their internal processing systems with the requirements.

This does not give the lender enough time to earn a sufficient amount of interest from the loan.

If you do default on the loan, the loan agreement gives the lender the right to seize then sell the collateral in order to recover any outstanding balance.

New borrowers give lenders permission to perform periodic account reviews during the application process.

More credit history gives lenders a better sense of your borrowing habits.

That financial pledge helps gives lenders the confidence to extend financing to qualified veterans with no money down.

This, too, gives the lender assurance that you will repay the loan in full and on time because now a person with good credit is also responsible for the loan.

Many payday loan agreements also give lenders access to the borrower's bank account.

That process gives lenders money to keep making loans, while the guarantees keep interest rates down for borrowers.

Basically, you just give the lender your name, phone number, and some basic information about your financing plans.

This type of lien gives the lender the right to sell the property in order to satisfy the outstanding loan balance.

These two requirements give our lenders the confidence of knowing that they can rely on homeowners to pay off the mortgage.

An asset sale clause gives the lender the right to demand immediate repayment of the loan in the event that the borrower sells the asset purchased using the loan.

High rates give lenders «room» to make weaker loans because of the cushion that the thicker profits provide against losses, the firm said.

Basically, your credit report gives a lender a view of whether you pay your debts back or not.

Selling mortgages on the secondary market gives lenders much - needed cash, which they can turn around and use to fund more home loans.

How many borrowers would then be willing to give lenders additional money?

Together, these two factors give the lender an idea of your ability and likelihood to repay a loan.

Proof of income gives lenders some idea of how a refinance would fit into your ability to make consistent payments.

This verification gives the lender confidence regarding the credibility of the borrower and the origin of the down payment.

This protection gives lenders an incentive to finance otherwise risky buyers.

The program gives your lender a credit that equals either 1 or 2 % of your home loan.

In addition, technology has given lenders automated underwriting and scoring tools that help in pricing loans and predicting defaults, which increases a lender's capacity to provide more loans with attractive rates.

This additional amount gives the lender more security in your ability to pay over the long run.

While this seems like a very logical question to ask, it doesn't give the lender all the information needed to give you an accurate answer.

Just starting with the basics, the a credit review gives a lender, like myself, an idea of what type of products are available to the family applying for financing.

This letter is vital to the application and will really give the lender insight into why you need the help.

While that is partially true the real role of the cosigner is to give the lender deeper pockets to go after in case of default.

The application process gives the lender basic information about the client's current expenses and income as well as their credit history.

Your job status gives lenders hints on how well you can deal with a loan, even though it's not the only factor.

This charge gives the lender the legal right to claim the registered house if the mortgage defaults.

If the borrower defaults, the assignment of lease and rentals gives the lender the right to receive rents from the tenants and to transfer the leases to a subsequent purchaser of the property.

If the borrower defaults, the assignment of the land contract gives the lender the right to receive payments from the buyer and to transfer the land contract to another buyer.

In such cases, the note gives lenders the right to sue a seller and attach other assets if the note is not paid when due.

The buyer gave the lender everything required, it went through underwriting and we got a clear - to - close 22 days after going under contract.

At this time you will also be able to choose whether or not to give the lender verbal permission to check your credit.

This insurance gives the lender partial protection from financial losses that might result from borrower default.

With this, poor credit is determined on numerous factors which give the lender an overall outlook into the credit holders personality.

The contradiction is that the bailout bill is supposed to give lenders more confidence, while interest rates in general typically fall during an economic slowdown.

FICO scores give lenders a fast, objective measurement of your credit risk.