Sentences with phrase «higher than other lenders»

While their rates are higher than other lenders, they are making post-secondary education accessible for those from low - income families.

Raise Loans is another option for online private student loans, but their maximum rates are slightly higher than other lenders and they don't offer loans without co-signers unless students are making income and have a credit history.

The interest rates are also generally higher than other lenders; that can be a problem if you're looking for a longer - term loan to give yourself more time.

We give Pave a 2 out of 5 stars, because their interest rates are higher, their loan limits are lower, and their origination fees are higher than other lenders.

Our interest rate might be higher than other lenders; however, it's because we are eliminating many factors that would normally not allow you to qualify for traditional loans.

If a lender's default experience is significantly higher than other lenders in its area, it can lose its FHA approval — even if every single origination was in full compliance with FHA guidelines.

These guys will let you adjust terms and due dates, but the average credit scores of their borrowers are typically slightly higher than other lenders.

The interest rates are also generally higher than other lenders; that can be a problem if you're looking for a longer - term loan to give yourself more time.

Not exact matches

Because banks and other lenders shy away from borrowers with less than a 25 % down payment as higher - risk clients, mortgage insurance gives people with smaller down payments a better risk profile.

Malls tend to have higher loss rates than other property types after a default, increasing the stigma for lenders, according to Lea Overby, an analyst at Morningstar Credit Ratings LLC.

Also, the SBA does not allow other fees to be assessed by the lender unless there are extreme circumstances, such as a higher - than - normal servicing required by the loan.

The SBA does not allow other fees to be assessed by the lender unless there are extreme circumstances, such as higher - than - normal servicing required by your loan.

While APRs start higher than at other lenders, Kabbage has no minimum credit score requirements to apply, so it can be a good source of funding for small business owners with poor to fair credit.

Although it's true that some lenders tend to weight the value of your personal score higher than others (banks and other traditional lenders fall into this category) when they evaluate your business loan application, most lenders include a review of your personal credit score when they evaluate your business» creditworthiness.

While the rates offered by the company were much higher than those for other online lenders, customers are not required to provide collateral, and rates are still lower than what you would see for payday loans or no credit check loans.

APRs are also lower than the other lenders in this section at 10 % to 36 % (though they may be higher if your credit score is very low).

You can get funds within 24 - 48 hours after you are approved for a loan, and APRs range between 19.99 % and 49.99 %, which is comparable to rates offered by other online lenders (though this still may be higher than APRs offered by a bank or credit union).

While Upgrade doesn't make loans quite that high, you can still borrow up to $ 50,000, which is more than most other lenders with lower credit score thresholds allow.

For one thing, its home loan rates and fees aren't particularly low when compared to mortgages at other banks, and they actually lead to higher costs than at most direct lenders.

Although decades of history have conclusively proved it is more profitable to be an owner of corporate America (viz., stocks), rather than a lender to it (viz., bonds), there are times when equities are unattractive compared to other asset classes (think late - 1999 when stock prices had risen so high the earnings yields were almost non-existent) or they do not fit with the particular goals or needs of the portfolio owner.

But it is true that lenders set a higher bar for conventional loan applicants than for other applicants — FHA buyers, for instance.

So, even though Lender A has the lowest interest rate advertised, Lender A's points, fees, and other prepaid finance charges actually make Lender A more expensive than Lender C, which is advertising a higher interest rate but lower points and fees than Lender A.

This lender's maximum APR is a little lower than others, but it also offers a slightly higher minimum APR and shorter term lengths than you might be able to find elsewhere.

With these types of loans, you'll typically get higher interest rates than other lenders.

Drawbacks: Like many other lenders on this list, APRs will be higher than what you would get on a conventional loan or even a prime online loan.

Many other lenders that claim to focus on lower - income markets have higher credit and income minimums than LendingPoint does, making this company something of a refuge for people who may have trouble getting ahead in the financial world.

Don't use debt consolidation if the lender is offering you a loan at a higher interest rate than the average interest rate on the other accounts that you plan to pay off with the loan.

While the rates offered by the company are higher than at other online lenders, they are much lower than what you would see with a payday loan or no credit check loan.

You can get funds within 24 - 48 hours after you are approved for a loan, and APRs range between 19.99 % and 49.99 %, which is comparable to rates offered by other online lenders (though this still may be higher than APRs offered by a bank or credit union).

While the rates offered by the company were much higher than those for other online lenders, customers are not required to provide collateral, and rates are still lower than what you would see for payday loans or no credit check loans.

The lower bound interest rates for Regions Bank unsecured personal loans are generally higher than those at other institutions — some lenders, such as SoFi and LightStream, have starting rates under 6 %.

When you take the effect of points into account, Citi's online mortgage estimates present slightly higher rates and fees than similar products at other lenders.

Bank of America may require a higher down payment than the other lenders on our list, but the mortgage company also offers qualified homebuyers an Affordable Loan Solution mortgage to help borrowers that can only afford a 3 % down payment.

Actually, the reason that longer repayment terms typically come with higher rates is because the longer a lender's money is tied up in one borrower the harder it is for the lender to know that it will turn out to be a better investment than other opportunities that will come up in the financial market.

Among direct lenders, Fairfax was quoted lower fixed rates than other Virginia cities but higher 5/1 ARM rates.

This is because Upgrade's highest rate is close to 36 %, and there are many other lenders that have lower rates than this.

They have other debt, which can lead to a less - than - perfect credit score, so the banks won't lend to them, so they go to a high interest payday lender.

There are other lenders who specialize in such riskier loans and as such they charge a higher APR than other mainstream lenders.

Finally, RISLA has higher income requirements to qualify for a refinanced student loan than other lenders, which could make it more difficult to secure an approval without the help of a cosigner.

Although it's true that some lenders tend to weight the value of your personal score higher than others (banks and other traditional lenders fall into this category) when they evaluate your business loan application, most lenders include a review of your personal credit score when they evaluate your business» creditworthiness.

Some lenders may allow borrowers to have higher ratios, while others set the bar even lower than 45 %.

Doug Hoyes: Yeah the banks are less likely to lend to you than the higher interest rate than other lenders are.

With these types of loans, you'll typically get higher interest rates than other lenders.

Major financing enterprises like Fannie Mae and Freddie Mac require higher credit scores than other lenders, and these are the two primary lenders that handle mortgages today.

In order to lessen the level of risk associated with this type of deal, bad credit lenders charge higher interest rates than other lenders.

Drawbacks: Rates at Avant start higher than those at other online lenders.

In addition, your total monthly indebtedness - what you would pay for the mortgage and any other monthly debt payments such as an auto or student loan - should come to no more than 43 percent of your monthly income, although some lenders prefer to see it no higher than 36 percent.

However, the terms and fees are similar, if not less desirable, than most other small business lenders due to the high origination fee for all loan products, high rates for the working capital loan and merchant cash advance, and strict requirements for the business expansion loan.

In essence, we facilitate lending among our members, creating a situation where both parties benefit: Borrowers pay lower interest rate than they would on their credit cards or similar unsecure loans, while Lenders receive the interest the borrowers pay at higher rates than other investment opportunities of comparable risk (stated interest rates of 6.69 % -19.37 % after service charge) How many loans have you done (and for what amount)?

Be wary of so - called «junk fees» that that boost costs but don't pay for any actual services the lender provided or are significantly higher than what other lenders charge for the same thing.