Sentences with phrase «just as every borrower»

Just as borrowers shouldn't overstretch, lenders shouldn't over-lend.

Credit bureaus and lenders make mistakes just as borrowers do!

Every lender has different programs available, just as every borrower qualifies for different programs.

Throughout the course of that repayment, the cosigner will be responsible for repayment just as the borrower is.

Just as a borrower is responsible for on - time monthly payments until the loan is satisfied, a cosigner shares that same responsibility.

Percentage of Investors vs. Owner Occupants: Just as the borrower must qualify for a loan, so must the condo association qualify for a loan — and the percentage of units owned by investors vs. owner occupants is a crucial factor.

Not exact matches

These offers usually last from just a few months to as long as 21 months, giving a borrower a chance to repay their debt without paying any interest at all.

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.

Just like any problem you need to solve, knowing where you stand as a borrower gives you critical information to base your decision - making process on.

A cosigner takes on just as much responsibility for repaying the student loan as the primary borrower does, and is equally affected by any missed payments.

Cosigners are required to make the payments if the borrower does not whereas co-borrowers are just as responsible for the payments as the borrower.

Lenders want to avoid repossessions just as much as borrowers do.»

Borrower's Bill of Rights Basic consumer protections should be afforded to student borrowers just as they are for homeowners in certain states holding mortgages.

Amazon fulfills the book to the borrower, just as Amazon fulfills the book to the borrower for epubs and pdfs.

Based on the data provided by FICO, we observed that a short sale where the borrower was responsible for a deficiency balance was just as damaging as a foreclosure.

About the time to ignore the effect of loan - level pricing adjustments on your loan is when you're using special conventional mortgage programs such as the HomeReady ™ mortgage, which puts a cap on the amount of LLPAs a borrower can accumulate and allows for just 3 % down.

Therefore, it is the borrower's responsibility to keep the home maintained with basic repairs, as well as ensure the home is protected by homeowners insurance, just as you would need to with a traditional mortgage loan.

They recognize that just because someone has a poor credit history does not mean that they do not need a financial infusion once in a while, just as with good credit borrowers.

As to the FHASecure program, it allowed just 3,794 delinquent conventional borrowers to refinance with FHA loans in fiscal 2008.

While you may want to list just the oldest member of the household as the borrower on the loan, the funds from a reverse mortgage are available only to the borrower.

One can also access the loans in spite of a bad credit rating as most lenders consider the overall financial health of the borrower, not just relying on the credit score.

As to the down payment I originated as many loans as I could handle when borrowers had to put down just under 5 As to the down payment I originated as many loans as I could handle when borrowers had to put down just under 5 as many loans as I could handle when borrowers had to put down just under 5 as I could handle when borrowers had to put down just under 5 %.

Persis Yu, director of the Student Loan Borrower Assistance Project at the National Consumer Law Center, called the GAO report a demonstration of «just how draconian these [garnishments] are» as well as exposing issues with the policies themselves.

Borrowers must understand the importance of repaying loans not just so they can get good loans but also as a way of building a good reputation in the business.

Payday borrowers take an average of nine loans per year from one lender, sometimes having to take one just as they closed another loan but before they can collect their next paycheck, according to The Center for Responsible Lending (CRL), a nonprofit research and policy organization.

These offers usually last from just a few months to as long as 21 months, giving a borrower a chance to repay their debt without paying any interest at all.

Also, there are less strict regulations with their approval process, where they give private student loans to unqualified borrowers, which is just as bad as predatory lending.»

The future of the Stafford loan program is uncertain (as is just about any federal aid program for higher education) but it does appear that Congress is looking at a proposal to change the Stafford Loan interest rates from a fixed rate to a variable rate and making 6.8 % the maximum percentage rate that will be allowed to be imposed on borrowers.

Some borrowers just don't want to deal with a lengthy payment schedule and would rather be over the debt as soon as possible.

In the just - completed fiscal year — 2008 — the FHA mortgage program showed massive growth, except in the one area many borrowers and communities regard as the most important.

However, individual lenders in Boston quoted rates well below the average, ensuring that borrowers have access to mortgages just as affordable as in other cities.

We've done business with thousands of satisfied borrowers, mortgage brokers, and real estate agents — just read the testimonies that point to our proven track record as a premiere hard money lender.

In situations such as these, a personal loan at a lower and set interest rate might just save the borrower a ton in finance fees and interest.

«It just makes things a lot easier to keep track of as a borrower and you'll know where you stand,» she said.

Making these loans not just hassle - free in terms of documentation and related paperwork, what sweetens the deal is that these loans can be customized as per the borrower's requirement.

My rates and fees are just as good or better than local banks and you will not get lost in the shuffle like most borrowers do at the mega banks; your just not a number at our company, you are a person and we will treat you like one throughout the entire process

An Adjustable Rate Mortgage, commonly referred to as just an ARM loan, can be appealing to some borrowers.

• Unlike in the U.S., underwriting standards for qualifying mortgage borrowers in Canada have been maintained at prudent levels resulting in mortgage borrowers here being much more creditworthy; • Canadian mortgage lenders never offered low initial «teaser» rate mortgages that led to most of the difficulties for mortgage borrowers in the U.S.; • Most mortgages in Canada are held by their original lender, not packaged and sold to third parties as is typical in the U.S., and consequently, Canadian mortgage lenders have a vested interest in ensuring that their mortgage borrowers are creditworthy and not likely to default; • Only 0.3 % of Canadian mortgages are in arrears versus 4.5 % in the U.S. and what even before the start of the U.S. housing meltdown two years ago was 2 %; • Canadians tend to pay down their mortgage faster than in the U.S. where mortgage interest is deductible from taxes, which encourages U.S. homeowners to take equity out of their homes to finance other spending, a difference that is reflected in the fact that in Canada mortgage debt accounts for just over 30 % of the value of homes, compared with 55 % in the U.S.

Yet they should be cautious about cosigning on any loans, as this makes them just as responsible for repaying the loan as the student borrower.

Just don't do it on the existing loans or that will come across as changing your initial «contract» again, and perhaps once they've proven themselves to be reliable borrowers they can once again earn the privilege to have an interest free loan.

Finally, when you cosign a loan, including a student loan, you are just as responsible as the borrower.

You do have some repayment options - just not as many as student borrowers.

Chances are, the borrower would be better not even having that person as a cosigner for a mortgage, because they are just hurting the process, not helping.

Anybody can participate in the SoFi Refi Referral Program, whether you are a current borrower at Social Finance or not, as you just need to create an account to access your own unique referral link and earn $ 100 - $ 300 bonuses for each new borrower that you refer.

As I recently wrote about, it's not just credit card borrowers who enjoy the benefits of hiring a debt settlement lawyer, but student loan borrowers as welAs I recently wrote about, it's not just credit card borrowers who enjoy the benefits of hiring a debt settlement lawyer, but student loan borrowers as welas well.

Just as important to know is that the technology behind uno is designed to help prospective borrowers help themselves.

By the time I was graduating, Upstart had emerged as a solution for the disconnect between the thin credit file of young borrowers and the need many of them have for funds to buy their first «adult» vehicle, first home, or to just consolidate the credit card debt they may have accumulated at a lower interest rate.

College Ave positions itself as having flexible repayment terms and helps borrowers obtain a lower monthly student payment (not just a lower interest rate).

The Great Recession hit p2p investing especially hard as borrowers dropped unsecured loans along with just about every other type of debt.

As of early 2016, of the 22 million federal student loan borrowers, 3.6 million were in default and another 3 million were delinquent on their student loans.But the problem is more than just graduates that don't have the money to repay their...