Sentences with phrase «lenders as riskier»

Because personal loans are usually unsecured, they're perceived by lenders as riskier, so higher interest rates may apply.

Not exact matches

Home Capital Group has seen some of its riskier lending business drain away to the private, unregulated mortgage lenders — firms like Alpine Credit or the many so - called «mom - and - pop» shops which proliferated as small investors teamed up with brokers to provide short - term, non-amortized loans.

With their 30 - year history, CDFIs are the original impact investors, serving as lenders, financial intermediaries and technical advisors in «risky» areas to prepare the ground for mainstream capital.

Essentially, lenders will not finance the purchase of condo units if the project as a whole looks like a risky investment.

For example, some lenders exclude restaurants and other retail establishments deemed as particularly «risky» industries.

If a home loan is more expensive than that limit, it is considered riskier for the lender as more money is at stake.

As a company continues to increase its debt over the amount stated by the optimal capital structure, the cost to finance the debt becomes higher as the debt is now riskier to the lender.&raquAs a company continues to increase its debt over the amount stated by the optimal capital structure, the cost to finance the debt becomes higher as the debt is now riskier to the lender.&raquas the debt is now riskier to the lender.»

By definition, cash - out mortgages increase your loan to value ratio, which means that a lender will view the new mortgage as a riskier proposition than a smaller mortgage loan.

In addition to this quantitative difference, mortgage lenders may also compare cash - out mortgages as riskier in a qualitative sense.

Lenders view loans made to startups as risky, so they typically require some form of collateral and personal guarantee to mitigate that risk.

Jumbo loans are viewed as being risky for the lender because government mortgage finance groups Fannie Mae and Freddie Mac won't buy jumbo loans.

It's also better to not have many recent credit inquiries, as opening several credit accounts in a short time period makes your business riskier to lenders.

Lenders strive to generate «prime mortgages» as much as possible, because these loans are less risky and easier to sell into the secondary market.

Any lower than 140, and many banks and loan offices will see your business as too risky of a lender.

You should also consider that while banks often avoid sectors they consider too risky — such as restaurants - alternative lenders, such as BFS Capital, are far more open to working with different types of businesses.

A better credit score tells the lender you are more financially responsible — and therefore less risky to the lender, since they see you as less likely to stop paying your loan.

Jumbo loans are riskier for lenders because more money is at stake, as such they come with higher interest rates.

Lenders claim that because repayment is contingent on the borrower winning the case, the product they offer is especially risky and shouldn't be classified as a loan.

No lender wants to risk financing a small business as they are deemed to be too risky.

In short, charter schools are viewed by lenders as more risky.

Lenders consider borrowers with damaged credit as risky and charge high interest rates to compensate for higher default rates.

While this can be less risky for borrowers as they don't have to fear of losing their assets due to defaulting, though the risks can be heavy on the lenders.

Lenders will view you as a risky borrower who is likely to pay late or miss payments altogether.

Consumers with high credit scores, 760 or above, are considered to be prime loan applicants and can be approved for interest rates as low as 2 or 3 %, while those with lower scores are riskier investments for lenders and generally pay higher interest rates.

Most lenders limit the term lengths to 48 or 60 months for older car purchases, as used cars are riskier to finance.

In addition to this quantitative difference, mortgage lenders may also compare cash - out mortgages as riskier in a qualitative sense.

If you miss a payment on one or more of your credit lines, lenders will see you as a risky prospect.

Many private lenders in Newmarket w ill only loan to a maximum of 85 % LTV as it is already too risky investing in people who couldn't qualify for bank loans.

Rightly or wrongly, they see loans to these enterprises as riskier bets, since there's a good chance they might fail and the lender will be required to seize assets or foreclose on property to get its money back.

Banks and institutional lenders can access any client's credit information as it helps them in avoiding risky investments.

Riskier mortgages attract higher fees than for bank loans as the stakes are higher for the private lender.

Bad credit may cause lenders to decline your application as being too risky.

As prices climb again, mortgage lending is less risky, and that has helped lenders get more comfortable with low - down - payment loans.

When you apply for a credit, whether it's an auto loan, a credit card, a mortgage or a personal loan, lenders want to know how worthy or risky you are as a borrower.

But even with a potential pay increase, that kind of switch is seen as too risky to mortgage lenders.

They are riskier for lenders because you have the money out for twice as long as a 15 - year.

This can be advantageous to you if you don't want to put your assets as stake but can be risky for the lender as he doesn't have anything to secure the loan with.

Lenders strive to generate «prime mortgages» as much as possible, because these loans are less risky and easier to sell into the secondary market.

It shot up to 775 in 2009, as lenders avoided riskier loans, backing away from all but the most qualified borrowers.

Mortgages are among the least risky loans since lenders are able to use your home as collateral.

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

It makes it risky for the bank to lend you money, and as a result, lenders usually turn down loan applications when you have a tax lien on your credit report.

This is because those with bad credit may be seen as a riskier investment, and lenders could want security such as possessions or a guarantor.

If lenders and credit bureaus see that apart from credit cards, you also have auto loans, mortgage and student loans which you pay off promptly, then they will see you as less risky than someone who only manages one credit card.

Borrowers with scores below 620 are sometimes characterized as «subprime,» and because lenders view them as risky, they frequently charge them higher rates — if they'll lend to them at all.

However, if you're in a loan that the CFPB defines as «risky» such as an interest - only loan or one with a balloon payment, a lender has the leeway to decide if you can qualify for refinancing even if you don't meet all of the QM requirements.

As an Alt - A lender, IndyMac's business model was to offer loan products to fit the borrower's needs, using an extensive array of risky option - adjustable - rate - mortgages (option ARMs), subprime loans, 80/20 loans, and other nontraditional products.

Lenders typically view borrowers with short credit histories as riskier.

Lenders view land loans as risky, so interest rates tend to be higher than mortgage interest rates.

Lenders use this score to determine how risky you are as a borrower.