Seniors housing owners looking to refinance their properties this year will find money available, though
lenders are cautious and still have fairly strict underwriting standards...
With the exception of grocery - anchored centers and fortress malls,
lenders are cautious when...
Everywhere in the world you will find that
lenders are all cautious about bad credit ratings and also about the reasons why somebody might have a bad credit.
There is no secret to the fact that most
lenders are cautious about lending to bad credit borrowers, especially when the sum being sought is large.
But
lenders are cautious by nature and see the glass as being half empty, which only leads to a higher number of rejected loan applications.
Not exact matches
To date, the Federal Reserve has increased the Federal funds rate by 175 basis points in this tightening phase, and recent evidence from the Federal Reserve's survey of senior loan officers suggests that
lenders are also becoming somewhat more
cautious about extending credit to businesses.
As TRD reported last year, hedge funds or foreign
lenders financed many recent high - profile condo projects, while banks have
been more
cautious amid stricter regulations.
«With anything at $ 2,500 (per square foot) or more,
lenders are very
cautious,» he added.
When cyclical economic recovery finally does arrive in 2010 or later, it will probably
be sluggish and
lenders will still likely
be cautious, as discussed earlier.
Good tires provide increased security,
lender's risk will
be more
cautious drivers.
That number
was 749 during the same time period in 2007, prior to the Great Recession, which Experian Automotive points to as proof that
lenders are more
cautious about approving loans.
Lenders, however,
are still more
cautious about approving new car loans today than they
were before the Great Recession.
This
is a feature offered by many online
lenders, with traditional
lenders generally taking a more
cautious approach.
Lenders are more
cautious now more...
Lenders are always
cautious when it comes to applications from bad credit borrowers, but securing mortgage approval online
is a possibility, as long as the application
is prepared properly and
is submitted when strong enough.
The problem
is that securing approval despite poor credit scores
is not an easy thing, and the majority of
lenders are extremely
cautious when considering applications.
Be cautious about applying to other
lenders.
Borrowers should also
be cautious of
lenders that provide no loan agreement whatsoever, or that make it difficult to submit a payment, gather payment details, or pay off a loan balance in full.
It
's ok if you have a credit score higher than 650, but anything between 610 and 650 makes
lenders cautious.
Traditional
lenders tend to have a
cautious approach when it comes to low credit ratings, so the chances of rejection
are higher.
Lending to people with bad credit
is a risky affair that all private
lenders must
be cautious about.
Be on guard and be cautious of the marketing strategy of the lenders about no closing cost refinancin
Be on guard and
be cautious of the marketing strategy of the lenders about no closing cost refinancin
be cautious of the marketing strategy of the
lenders about no closing cost refinancing.
As a
lender,
be cautious and realistic.
Some online
lenders may claim to offer excellent rates and terms, but
be cautious if it
's impossible to speak with a «live» and knowledgeable representative.
Continued fallout from the financial crisis and recession
are the biggest reasons that
lenders are being cautious.
In other words, other
lenders could accept Airbnb income but may
be cautious as to how much weight they give it when considering someone for a refinance.
Card issuers and auto
lenders may also
be taking a
cautious approach because subprime borrowers
are less likely to
be able to tap into home equity in an emergency than they could a decade ago.
Both
are signals to the
lender that they may want to
be more
cautious when it comes to making additional credit available.
Consumers also may not have the same attitude towards paying off a credit card vs. their mortgage so a
lender might want to
be more
cautious with someone with a narrower exposure history.
You'll have to provide more documentation Because freelancer income can fluctuate,
lenders are far more
cautious in the underwriting process.
Mr. Khater said standards
are still high but
lenders should
be cautious about easing them so late in the cycle, especially since that could spur more demand in a market already suffering from tight supply.
But by June, traditional
lenders were far more
cautious and property values
were substantially lower.
Since
lenders had become extremely
cautious about lending since the Great Depression, this
was severely hindering economic growth.
My wife and bought our house back in December, and while we probably could have got a better price now,
lenders certainly
are a bit
cautious signing any new loans right now.
Unfortunately, many
lenders are still
cautious when financing this asset class and to often lump «Build to Rent» in with traditional «Build to Sale», when they should
be offering a product that recognises the different risk profile.
As you already know,
lenders and investors
are cautious when it comes to lending.
Because of this relatively complex system, correspondent
lenders must
be very
cautious when approving home loans.
For one,
lenders are being more
cautious.
However, small - business owners should
be cautious because of pressure to increase wages and benefits in a tight labor market, an anticipated reduction in consumer spending, and warnings from
lenders against taking on too much debt.
Just as the current economic expansion started off tenuously and
lenders had since
been underwriting new mall loans more conservatively, industry analysts remain
cautious about what
is in store for the future.
Lenders are becoming more
cautious, especially in today's political and economic landscape.
As a result, construction loans
are often smaller compared to the cost of development, and
lenders have become more
cautious when they consider loans on certain types of projects.
@Kyle J. I
am being as
cautious as I can
be when it comes to private
lenders contacting me first.
«
Lenders are more
cautious because they
were burned as well by HELOCs [home equity line of credit],» said Daren Blomquist, vice president for RealtyTrac.
Driven by rapid and constant change, buyers and
lenders are more
cautious.
Financing
is available from a variety of sources, but
lenders will
be cautious.
CMBS
lenders have become more
cautious about the amount of risk they
are willing to accept since the last cycle, but they will fund stabilized assets in secondary and sometimes tertiary markets if the fundamentals
are strong enough, albeit the risk will figure in their pricing, Gorczycki notes.
* While
lenders are more
cautious with large loans, you should still
be offered the best rates in the market (they may take a bit more work, but in the long run, large loans
are more profitable for
lenders).
But consumers will have to
be cautious when reviewing advertising and other claims about ARMs made by
lenders.
I have zero trust in this
lender trying to
be cautious.