Sentences with phrase «lenders lend on properties»

Peterborough's bad credit mortgage lenders lend on properties with minimum LTV ratio of 85 %.

Not exact matches

Lenders will sometimes require a pest and dry rot inspection before they will lend money on a property.

Some lenders charge more to lend on vacation property, and most impose higher credit score and down payments for these houses.

Access to financing is a critical issue for most investors, however most lenders put limits on the amount they will lend an investor, regardless of credit history, property values or track record.

The head of Australia's largest agricultural lender, National Australia Bank's Khan Horne, says the rural property market is running hotter than ever before because of strong fundamentals and low interest rates but, with a royal commission into banking, he is calling on tighter qualifications for anyone lending to farmers to avoid failures and receiverships that have tainted the sector.

Some lenders will only lend on non-permitted additions if the property is attached, though Central Coast Lending recently closed a loan on a detached garage with non-permitted plumbing and electric renovations.

Foreclosure — When a homeowner defaults by failing to make payments on their mortgage, the lender that holds the mortgage is given legal ownership of the property to allow them to recoup the money that was lent.

Rather than your credit score, bad credit lenders will look at the debts on a property to inform their lending decision.

The appraised home value lets a lender determine how much they can lend on a particular property.

Our network of home equity lenders in Brampton will only lend loans with 85 % LTV or less on the subject property.

Predatory lending is in a legal sense the offering of certain secured loans such as home loans or car loans by lenders with the sole intention of seizing the property in order to sell it for a profit knowing that the borrower will not be able to afford the monthly payments on the loan.

Private lenders in our network can lend on property in Sudbury and all other cities in Ontario, Canada.

Lenders use the appraised amount to determine how much they are able to lend on a property.

These lenders will lend based on the equity in the property and not a credit score.

Bad credit lenders will lend on properties with an LTV of no more than 80 %.

Our home equity lenders in Lincoln are willing to lend up to 85 % LTV on properties.

The reason: As lenders, the maximum amount we may lend — depending on the loan program chosen by the borrower and the terms / conditions of that particular loan program — is the value of the property itself.

Because so few banks will lend on vacant properties in need of repair, it is often a hard money lender

In 1999, the ratio started to climb as easy credit drove housing prices higher and the willingness of lenders to lend on property value, rather than the cash flow from rents increased.

North Coast Financial are hard money lenders (private money lenders) able to lend on multiple types of property in La Quinta including commercial, single family residence, multi-family residence and industrial.

Private lenders focus on existing debts and the current value of the property when making a lending decision.

Private lenders will not lend on homes that have mortgages amounts that are nearly as high as the value of the property.

Bad credit mortgage lenders in Toronto will lend on properties that have up to 85 % LTV.

Banks and traditional lenders have tightened the reins on lending processes in the years following the recession; most won't lend on a fix and flip venture because they prefer to finance properties intended to be held for years to come.

Lenders will not lend on properties with extremely high amounts of existing debt.

Bad credit lenders in Brampton can lend on properties that are at a LTV of 80 % or less.

Private mortgage lenders in Fort Erie are not bothered by credit history but they are also sensitive to risk and will avoid lending on properties with too much debt already.

Lenders in Kitchener will lend on properties with a LTV no greater than 85 %.

Private lenders are able to lend on properties with a LTV of up to 80 %.

Our network of home equity lenders in London lend up to 85 % LTV on the property and while this is the most important factor; some lenders may be also sensitive to employment history and credit score.

Most private mortgage lenders will lend up to 85 % LTV on residential properties, and only in very rare cases; do they issue loans to 90 % LTV.

Banks and traditional lending institutions prefer to finance properties that will be held over a long period of time; short - term loans prevent these lenders from making money from the interest paid on these loans.

Ottawa bad credit lenders can lend on properties that have up to 80 % LTV.

Many lenders in the city will loan to a maximum 85 % LTV on homes in the city and some lend up to 90 % LTV on residential property.

In London, lenders can lend on residential properties with an LTV of no greater than 80 %.

Private lenders calculate a metric called a Loan to Value Ratio (LTV) and use it when deciding to lend on a property.

Our network of lenders on will lend on a property with 85 % LTV in Toronto.

Our vast network of home equity lenders in Vaughan will lend on a property with at most 85 % LTV - the most important factor in loan approval decisions.

Our home equity lenders in Oshawa can lend up to 85 % LTV on the property and a good score might contribute to a better rate.

Our network of home equity lenders in East Gwillimbury will normally lend up to 85 % LTV on the a property.

Our lenders in North York will lend up to 85 % LTV on a property in North York.

Our home equity lenders in Bradford are ready to lend up to 85 % LTV on the property but they are too sensitive to risk lending to homes with a high debt burden.

Home equity lenders will lend on a property up to 85 % of its appraised value.

Our home equity lenders in Fort Erie are keen to avoid lending on a property with too much debt as it only means they might not recoup after default.

Rarely will the lenders lend on houses whose debt is too high, since the risk associated with the property is also high.

Private lenders use what is called a Loan to Value Ratio (LTV) when deciding whether or not to lend on a property.

Our home equity loan lenders in Caledon will lend up to 85 % LTV on a property as anything more is an indication of an unbearable risk.

Private money lenders, on the other hand, will make loans for repairs, improvements, and will also lend on vacant, distressed properties.

If there's knotweed on or near the site of a property, then mortgage lenders will usually ask for proof that suitable treatment has been carried out before they'll agree to lend on that property.

This is where you already have a first charge mortgage with one lender and take out additional secured lending with a different lender on the same property.