Sentences with phrase «lenders insist on it»

This is as most lenders insist on the original sale agreement, no objection certificates and share certificates from the residential societies, etc. and thus, you get a fair idea by getting the details from there.

The problem for prospective purchasers of leases is that most banks and commercial lenders insist on further investigation where a lease clause links increases in ground rent to RPI, and some of the smaller banks will refuse to lend against such a lease at all.

However they are not perfect, which is why lenders insist on coverage.

In general, lenders insist on a higher down payment for people with poor credit records.

And that's a problem because you want to borrow but some lenders insist on a hard credit check which can make it impossible to borrow in future.

Why are private lenders insisting on FICO credit scores when the FHA program does not require them?

You can buy it from your lender if it is available, but if on the contrary, the lender insists on you taking his Payment Protection policy, be brave and, politely, say no.

Concerned that these companies would be unable to pay back their loans, lenders insisted on covenants requiring them to repay their original lenders.

But with such a large sum of money owed to American citizens, Cuban lenders insisting on immunity and American museums not wanting to make light of outstanding claims against the Cuban government, a timely exhibition of works from Cuba may be a pipe dream.

Not exact matches

They also made mortgage lenders subject to lawsuits — by special - interest groups and pressure groups — if they insisted on what for generations had been thought to be due diligence.

Until then, if you refinance an FHA loan, tell your lender at the beginning of the refinance process that you insist on closing on the last day of the month.

Therefore, if the bank insists on running your credit score as a stipulation for the loan and you know you have a bad score that will impact their decision, walk away and find a lender who will follow the rules and leave your credit score out of this.

A lender might need to reduce the maximum LTV it will offer, insist on credit score improvement, and / or demand additional collateral.

I am fascinated by the willingness of some of the courts to insist on strict standards before they allow lenders to foreclose.

In times when housing prices and mortgage demand are hitting rock bottom in many markets, it would be appropriate for HUD / FHA to insist on FHA approved lenders underwriting FHA loans using uniform FHA criteria.

However, your lender might insist on documentation that supports your request.

Whatever the reason, the fact that guaranteed approval of loans with bad credit practically exists comes as something of a relief when such strict criteria is insisted on by some lenders.

I hope those sales agents and even attorneys who insist on sending unsigned contracts to the lenders read this.

In fact, unsecured loan approval is still very much possible, provided the applicant has either time on their side, a trusting co signer or a lender that is willing to turn a blind eye to credit history and insist on automatic unsecured loan repayments direct from their bank account.

Home insurance is not a legal requirement but lenders universally insist on it for the duration of the mortgage to protect the value of their underlying asset, the house.

That sends students and their families toward private lenders, who since the great recession and basically insisted on co-signers for students who don't have established credit.

A firm offering a settlement advance charges interest to the beneficiary and may insist on a contract that assigns the lump - sum benefit to the lender as collateral.

With a secured loan, the lender will insist on some sort of security against the money you borrow, often a house or car.

Whilst home insurance is not compulsory, if you have a mortgage then your lender may insist on you securing buildings cover as a condition of the loan.

The financial lender will also insist on collision coverage if you buy the vehicle under finance.

Apart from this, most lenders now insist on a term life insurance cover equal to the loan value.

From the lenders perspective, I usually insist on first position, must loan to an entity, must use a licensed attorney in good standing with the bar association, lenders title and construction / fire policies is required.

Jones says that one lender in his area, JPMorgan Chase, recently insisted on listing a small two - bedroom foreclosed house at $ 159,000 even though a similar resale in mint condition on the same block was listed for $ 156,900.

Hopefully we've learned from our mistakes, and next time we'll all insist on property values based on data rather than transaction expedience or lenders» agendas.

We will apply the cash from from those and other income towards the next purchase, keeping 6 months reserves just in case - for our own comfort and since the lenders are going to insist on it anyways for the next loans.

Mortgage lenders are unlikely to insist on specific upgrades.

If sellers pay for the owner's policy, they may insist on choosing a preferred title provider, but buyers must be free to select their own title company on the lender's policy (even if the cost of that lender's policy is higher than the fees charged by the seller's title company for the same policy).

Fire & Liability Insurance — The mortgage lender will insist that you purchase an insurance policy which guarantees that, in the event of fire, the lender will receive the balance owing on the mortgage loan before you receive any insurance proceeds.

In many cases, the lender that issues your bridge loan will insist that you use them for the mortgage on your new home, too.

Here's what typically happens: Investors insist on handling short - sale negotiations with the lender, freeing up their real estate practitioner to concentrate on finding a buyer.

If you're financing the farm, your lender will insist on this.