Sentences with phrase «good borrowers who»

Lenders will work closely with good borrowers who are having a period of real emergency and hardship, but are not inclined to cooperate with those who demonstrate little financial discipline.

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.

Rich Palma, president of Golden Pear Funding, said plaintiffs who take out advances receive better protection than borrowers may in other lending situations, because their own lawyers typically review, and often sign, advance agreements.

Lenders who specialize in first - time homebuying offer FHA loans or other programs with low down payment requirements, as well as loans to borrowers with lower credit scores.

There is good news for some New Jersey borrowers who are struggling with repaying their student loan debt.

Borrowers who want the lowest possible APR and the highest possible loan amount will be better off with SoFi, as the lender's rates start at 5.49 % while its loan limit is capped at $ 100,000, assuming you sign up for AutoPay.

They are beneficial for lenders who can provide larger loans with lower interest rates as well as for borrowers who are looking for loans with low - interest rates.

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 Payoff.

Though the graduated and extended plans typically aren't the best options compared with the income - driven plans, they can be right for some borrowers, especially those who don't want to deal with reapplying for an income - driven plan each year, says Diane Cheng, associate research director at the Institute for College Access and Success.

With all the small business loan options available to a business owner today, a term loan could be a good fit for borrowers who meet the banks» criteria because a term loan at the bank will often include the lowest interest rates.

Today, banks don't typically want to deal with the smaller loan amounts (even for creditworthy borrowers), and in some circumstances many micro lenders are willing to work with startups the bank would shy away from, as well as small business owners who just don't meet the rigid lending criteria of a bank.

They can be a good option for borrowers who need to move quickly on a property but don't want to pay the high rates that come with a hard money or bridge loan.

Refinancing: Refinancing through U-fi may be a good idea for borrowers who are looking for a low interest rate.

OnDeck is also better for borrowers who want term loans of more than $ 300,000.

The lender can also provide funds in as fast as one business day, making it a good choice for borrowers who need funding quickly and conveniently.

LendingClub is a better fit for borrowers who want longer terms, larger lines of credit or a monthly payment schedule.

Business owners must also have fair or better personal credit, which is usually any credit score of 620 or higher, and all borrowers who own 20 % or more of the business must personally guarantee that the loan or line of credit will be repaid.

Borrowers who have a limited credit profile or limited work history may also have better luck at being approved through iHelp.

The lender looks for borrowers who not only have good credit scores, but have a demonstrated history of financial responsibility.

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.

Income - driven repayment plans — which cap your monthly payments at a percentage of your discretionary income, usually 10 percent or 15 percent — can be a good solution for student loan borrowers who are in a bind.

The longer term might be a better option for borrowers who are most concerned with the affordability of their monthly payments in the short term.

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

Other lenders will continue to offer financing to well - qualified borrowers who are above the 43 % threshold.

Conventional loans are a good option for borrowers who can afford a larger down payment of 20 % or more and want to avoid the added cost of mortgage insurance.

Analysts with Fannie Mae reviewed years worth of data and determined that there are many potential borrowers with debt - to - income ratios in the 45 % to 50 % range who are otherwise well qualified for a home loan.

This is a good choice for borrowers with tarnished credit who need urgent cash.

It may help you secure a better interest rate because you look like a less - risky borrower versus someone who puts down a smaller amount of cash.

FHA homebuyers are not people with truly bad credit — they're just borrowers who don't check all the boxes for a conventional (non-government) lender — high credit score, big downpayment, lots of money in the bank and a well - paying job.

A personal loan from Best Egg is a good option for creditworthy borrowers and for those who need money quickly.

FHA loans are a good option for first - time borrowers who don't have a lot of funds available for a down payment or who need a loan with more flexible income requirements.

Interest - only mortgages are a good choice for the borrower who doesn't care about building equity in their home, and who also plans to sell their home before the normal payment schedule begins.

Borrowers who have good credit could borrow up to 80 percent of their home's current value with a conventional loan.

In fact, I invest only in borrowers who are consolidating or getting a better rate from credit cards.

Because lenders offer the best rates on loans with shorter repayment terms, borrowers who are out to maximize their savings tend to choose a loan with the shortest repayment term that they can reasonably afford.

In most situations, we suggest borrowers check their rate with both lenders to see who can give them the better deal.

Depending on the borrower's income and debt load, income - driven repayment plans can be better options for borrowers who will qualify for loan forgiveness — particularly Public Service Loan Forgiveness.

The fact that HUD has increased the max FHA loan amount for California is good news for borrowers who want to use this program.

This means borrowers who fall well below that range could have trouble qualifying for a home loan in 2015.

Income - driven repayment plans can be a good option for borrowers who are struggling to make monthly payments on their federal student loans.

The state of Ohio twice hauled Carrington into court because officials believed the company was not offering good faith loan modifications to borrowers who were eligible.

SoFi is a good option for qualified borrowers who want to borrow more than $ 40,000.

LendingClub is a good option for borrowers with strong credit profiles who can afford to wait 6 days on average for funding.

There are surely better uses for scarce taxpayer funds than subsidizing borrowers who are in the upper half of the income distribution and who hold graduate degrees.

And keep in mind, sturdy, better quality books are an important selling point to librarians who are interested in books lasting for more than a few borrowers.

This will allow new lenders and borrowers know who the best ones to deal with are.

Focusing on those who do borrow e-books from libraries, two - thirds say the selection is good at their library: 32 % of e-book borrowers say the selection at their library is «good,» 18 % say it is «very good,» and 16 % say it is «excellent.»

Interest - only mortgages are a good choice for the borrower who doesn't care about building equity in their home, and who also plans to sell their home before the normal payment schedule begins.

Balboa Capital offers a wide array of equipment financing options and competitive rates for those who qualify; it's a good option for borrowers who seek business loans but require more flexibility in lending.

There's a low end for borrowers who have the best credit scores and a higher end for borrowers with not - so - great credit.