Sentences with phrase «income was sufficient»

It was concluded testimony of her income was sufficient evidence because she had only been fully employed for one week.

Consumer discretionary is the term given to goods and services that are considered non-essential by consumers, but desirable if their available income is sufficient to purchase them.

Some experts suggest that when passive income is sufficient to cover expenses and you are debt free, it's OK to stop saving for retirement.

Using this information, they will determine whether or not your income is sufficient to support the total monthly housing payment, which includes the principal and interest on the loan as well as the property taxes and property insurance.

If your income is sufficient, you can leave your partner off the mortgage altogether.

In essence, you need to prove that your current income is sufficient enough to cover all of your current expenses plus the value of this new loan.

Some experts suggest that when passive income is sufficient to cover expenses and you are debt free, it's OK to stop saving for retirement.

The purpose is to confirm that the amount of your future income is sufficient to cover your projected monthly payments.

And in a lot of cases well if they'd come in and, you know, for example filed a consumer proposal and dealt all their debt, their income is sufficient to pay their living expenses.

A 640 FICO can get you approved for a VA home loan if your income is sufficient to qualify.

If our reader's pension income is sufficient to meet all his income needs, then he can take as much or as little equity risk as he wants with his personal savings.

If your income is sufficient, your HELOC loan application could be approved for up to 80 percent of the value of your home.

VA uses a different method than most types of loans to evaluate whether or not a borrower's income is sufficient for the requested loan.

Since it's a short term loan, it's reasonable to expect that your circumstances won't change much if at all during the term of the loan, so the fact that your income is sufficient to repay the amount borrowed — and as long as you don't have a record of defaulting on similar short - term loans — is all the lenders need to know.

If your income is sufficient to comfortably cover your monthly payments as well as your other expenses, you should consider enrolling in auto - pay.

As of January 13, 2014, lenders are required to assess the financial condition of prospective borrowers to determine if their income is sufficient to pay future property taxes and insurance.

If I want to adopt a child from overseas, is it easier to be married or can my income be sufficient in supporting the child?

Most Americans think a policy four times their income is sufficient, but the truth is your policy should be at least ten times your income to pay for your medical and funeral expenses, college and school fees, car loans, mortgage, and taxes.

If you became disabled today would your income be sufficient to maintain your current standard of living?

To be eligible for this loan, you typically must live in a small town — often rural or suburban with a population of less than 20,000 — and be able to show that your income is sufficient enough to make your monthly mortgage payments.

I want to make sure that there income is sufficient to insure that the rent is not to large a portion of their income.

Not exact matches

Their debt started building, and their income wasn't sufficient to pay more than the minimum.

In an economy that trades, significant improvements in productivity are not a sufficient condition for income growth — they aren't even a necessary condition.

Liew said the «desktop investing mindset,» or just waiting for new fixed income issuance announcements, putting in an order and hoping the banks «are nice» and give you a good allocation, was «no longer sufficient.»

Romney claims that «there's no need for new spending or new taxes» under his plan because «the tens of billions currently spent to treat the uninsured is sufficient to help low - income Americans afford private coverage.»

There has been a public debate about whether Canadians will have sufficient income in retirement given that generally people live longer, that there are more people of retirement age and that savings rates are low debt levels high.

High poverty levels aren't a sufficient reason either, seeing as other countries with low levels of per - capita income, such as Kenya and Jamaica, consistently fare better, he added.

The rate discounts are given when you add a co-borrower who has sufficient income to support loan repayment, you use at least 50 % of the loan to directly pay off creditors, or you have at least $ 40,000 in retirement savings.

* By age 50 chances are high both spouses can retire provided they have sufficient passive income streams to cover all expenses.

Pursuant to the New LLC Agreement, Desert Newco will make pro rata tax distributions to its unit holders in an amount sufficient to fund their tax obligations in respect of the cumulative taxable income, reduced by cumulative losses, of Desert Newco that is allocated to them, to the extent previous tax

People in their 50s who consider using life insurance to create tax - free income should be careful because it will typically take at least 10 years for sufficient cash to build within the life insurance product, said Steve Lewit, CEO of United Advisors based in Buffalo Grove, Ill..

worst case, which is not that bad:), unlike you will have to look further afield to build a real estate portfolio capable of generating sufficient passive income streams.

Cosigners are used to secure loans when borrowers don't have sufficient income or credit to take out a loan with their own credentials.

Enter such information as your age, salary, how much you already have saved and how much you're saving each year retirement, and the tool will estimate your chances of being able to retire on schedule with sufficient income.

After the consummation of this offering, pursuant to the SSE Holdings LLC Agreement, SSE Holdings will generally make pro rata tax distributions to holders of LLC Interests in an amount sufficient to fund all or part of their tax obligations with respect to the taxable income of SSE Holdings that is allocated to them.

Rather, our goal is to construct a portfolio that produces income and growth sufficient to meet the needs of the Fund's investors, and for the pattern of returns to be one which does not overly stress those investors.

Borrowers with sufficient income can exceed the limits shown above, by using what is known as a jumbo loan.

Because mortgage rates today are likely lower than they will be after another rate hike or two, if you have a sufficient income and down payment, it might be a good time to buy.

The borrower must owe more than the home is worth but be current on mortgage payments and have sufficient income to make the refinance loan payments.

However, with careful planning early on, it may be possible to create a fund that will pay an income sufficient for all living expenses.

Dividend Growth Investing works to build both your passive income and your net worth, can be more reliable than other investing methods, requires less time, and can be performed by anyone with sufficient discipline and basic math skills.

Whom it may benefit: This strategy works best for couples with normal to high life expectancies with similar earnings, who are planning to work until age 70 or have sufficient savings to provide any needed income during the deferral period.

For some people, their incomes may be sufficient enough to pay a mortgage but they suffer from bad credit history.

You can still get approved for a VA loan while making such payments — it's just more difficult to show sufficient monthly income.

Under a managed distribution plan, to the extent that sufficient investment income is not available on a monthly basis, the fund will distribute long - term capital gains and / or return of capital in order to maintain its managed distribution level.

If you are fortunate enough to have more than sufficient retirement income and assets, here's a strategy that can be a great way to transfer wealth to the next generation.Traditional IRA balances can be converted to Roth IRAs in part or in whole and there is no limit on how often this can occur.

The Main Street Strategy is to transition to the right side of the quadrant, so you have sufficient income to pay your expenses and have a lifetime of financial abundance.

Most importantly, there has been no on - going trend deterioration — the trade account has improved at a rate sufficient to offset the increase in net income payable abroad.

A refinanced mortgage is generally reserved for qualified borrowers — those homeowners with sufficient income, good credit and typically at least 20 percent equity in their homes.

Generating a sufficient income to replace your salary is going to require some serious capital.