Not exact matches
If the
amount available under the Asset - Based Revolving Credit Facility is less
than the
greater of (i) 12.5 % of the lesser of (A) the aggregate revolving commitments and (B) the
borrowing base and (ii) $ 60 million, NMG will be required to repay outstanding loans and, if an event of default has occurred, cash collateralize letters of credit.
If the
amount available under the Asset - Based Revolving Credit Facility is less
than the
greater of 1) 12.5 % of the lesser of (a) the aggregate revolving commitments and (b) the
borrowing base and 2) $ 60 million, we will be required to repay outstanding loans and, if an event of default has occurred, cash collateralize letters of credit.
Your bad credit loan, as mentioned above, will cost more for you over the long run
than borrowing the same
amount of money would if another borrower with
great credit took out the loan.
Most lenders look favorably on this type of loan since the increase in property value is usually
greater than the
amount of money being
borrowed.
The total cost of unsubsidized loans can be far
greater than subsidized loans, but the total
amount available to
borrow is higher for unsubsidized loans
than it is for subsidized loans.
Borrow up to 70 % of the appraised value on loan
amounts greater than $ 100,000.
So if two consumers
borrow the same
amount, the consumer with a
great credit score will have a lower payment
than the consumer with a poor score.
It gets confusing, because some of the
great pictorial inventors of the twentieth century, like Andy Warhol, obviously, appeared to be doing nothing more
than choosing — but that was an illusion, something
borrowed from the beauty industry, where the
amount of time spent in the makeup chair is meant to result in an effortlessly natural look.
When you withdraw an
amount no
greater than your cost basis (the
amount you have paid in premiums) or
borrow money from the policy, you don't have to pay capital gains and ordinary income taxes, as you would if you'd sold stocks or bonds to raise cash during retirement.
So, if the total
amount being
borrowed is
greater than 80 per cent of the property's value, it may be impossible to switch to another lender until either the debt is paid down or the home value increases.
With AAG Advantage, owners of higher value homes now have the opportunity to
borrow up to $ 3 million in loan proceeds — a significantly
greater amount than offered through a traditional HECM loan.
Lenders may make loans to veterans
greater than the maximum county loan limit; however, lenders may require Veterans to make a down payment for the
amount borrowed in excess of the applicable county loan limit.