Sentences with phrase «lesser of the purchase price»

Once I've paid down my mortgage to the point that it equals 80 % or less of the purchase price, I can request cancellation of my PMI coverage.
The minimum bridge mortgage amount is $ 5,000.00 and the maximum is the lesser of the purchase price less the mortgage amount OR the sale price less the existing mortgage balance less 7.00 % of the sale price as estimated closing costs.
Typically, the lending value is the lesser of the purchase price or the market value of the property.
HIGH RATIO MORTGAGE Mortgage loan that exceeds 80 % of the lesser of the purchase price or appraised value.
Typically you won't need to pay lender's mortgage insurance (LMI) if the amount you borrow is 80 % or less of the purchase price of the property.
In cases where the buyer needs a mortgage that is greater than 80 per cent of the lesser of the purchase price or appraisal value, there is a requirement that the buyer / borrower purchase mortgage default insurance.
Once I've paid down my mortgage to the point that it equals 80 % or less of the purchase price, I can request cancellation of my PMI coverage.
They can typically be waived on a conventional loan if the loan amount is 80 percent or less of the purchase price.
While Federal regulations mandate that banks use the lesser of purchase price or appraised value to determine the loan amount, Montegra is able to use the greater of the two.
There are mortgage options now available that only require a down payment of 5 % or less of the purchase price.
HIGH RATIO MORTGAGE Mortgage loan that exceeds 80 % of the lesser of the purchase price or appraised value.
Lenders use the lesser of the purchase price or appraised value.

Not exact matches

LONDON, April 30 - Sainsbury's $ 10 billion purchase of Walmart's Asda may pressure UK grocery prices and make the British market less attractive for newer players such as Amazon.com.
But the FT reported that China's state - run China Railway Engineering Corp., which is part of the buying consortium, had said in a filing to the Hong Kong Stock Exchange that the purchase price was equivalent to $ 1.2 billion, $ 500 million less than 1MDB announced.
The return is the final sale price of $ 300,000 less your purchase price, the investment, of $ 200,000.
Laws regulating MLM typically 1) require that MLM companies explicitly permit their agents to cancel their agreements and to agree to repurchase inventories at not less than 90 percent of the original transfer price; 2) prohibit inducements under which the agent is told that he or she will earn a specific amount of money; 3) prohibit the purchase of a minimum inventory; and 4) prohibit operations under which agents are only paid for recruiting others.
Bellicum expects to grant the underwriters of the offering a 30 - day option to purchase up to an additional 1,050,000 shares of its common stock at the public offering price, less the underwriting discounts and commissions.
young farming families in Canada are fleeing to the U.S where the absence of a quota system lets them purchase better operations at less than half the price of supply - managed sectors in Canada
Participants must be Canadian citizens or permanent residents with a household income of less than $ 150,000 and the purchase price can not exceed $ 750,000.
At the time of purchase the value of Bitcoin on the BitcoinStore site was roughly $ 117, more or less inline with the price on MtGox.
If you are able to sell your shares of common stock, you will likely receive less than your purchase price.
Less choice and higher prices for Canadian consumers, not just for content they purchase online, but also for the privilege of communicating online as well.
(the CEO of Amazon) and proceeding to purchase shares of AMZN at any price is a lot less boring than sifting through the financial statements of a company to measure their profitability.
The purchase price of each Share will be (i) not less than the net asset...
The purchase price of each Share will be (i) not less than the net asset value per Share (the «NAV Per Share») of the Company's common stock (as determined in good faith by the board of directors of the Company or a committee thereof, in its sole discretion) immediately prior to the Expiration Date (as defined in the Offer to Purchase)(the date of repurchase) and (ii) not more than 2.5 % greater than the NAV Per Share as of such date, plus any unpaid dividends accrued through the expiration date of the Tendepurchase price of each Share will be (i) not less than the net asset value per Share (the «NAV Per Share») of the Company's common stock (as determined in good faith by the board of directors of the Company or a committee thereof, in its sole discretion) immediately prior to the Expiration Date (as defined in the Offer to Purchase)(the date of repurchase) and (ii) not more than 2.5 % greater than the NAV Per Share as of such date, plus any unpaid dividends accrued through the expiration date of the TendePurchase)(the date of repurchase) and (ii) not more than 2.5 % greater than the NAV Per Share as of such date, plus any unpaid dividends accrued through the expiration date of the Tender Offer.
That gives the company plenty of money to spend on Xiaomi scooters, which it's presumably purchasing for less than the $ 500 sticker price.
Deal activity was down slightly in 2017 in this sector of the market (funds less than $ 500M), as were purchase price multiples.
Historically, for shareholders participating in the DRIP, American Stock Transfer & Trust Company, LLC (the «Plan Agent») used cash dividends to purchase shares of NHF in the secondary market when the price of NHF's shares, plus estimated brokerage commissions, was less than NAV, or distributed newly issued common shares when the price of NHF's shares, plus estimated brokerage commissions, was equal to or greater than NAV.
The plan administrator determines the purchase price or strike price for a stock appreciation right, which generally can not be less than 100 % of the fair market value of our Class A common stock on the date of grant.
As a result of this dilution, investors purchasing shares of Class A common stock in this offering may receive significantly less than the full purchase price that they paid for the stock purchased in this offering in the event of liquidation.
The purchase price for shares of our Class A common stock purchased under our 2015 ESPP will be 85 % of the lesser of the fair market value of our Class A common stock on (i) the first trading day of the applicable offering period and (ii) the last trading day of each purchase period in the applicable offering period.
This dilution is due in large part to the fact that our earlier investors paid substantially less than the initial public offering price when they purchased their shares of our capital stock.
Subject to the terms and conditions of the underwriting agreement, the underwriters named below, through their representatives Barclays Capital Inc. and Deutsche Bank Securities Inc., have severally agreed to purchase from us the following respective number of shares of common stock at a public offering price less the underwriting discounts and commissions set forth on the cover of this prospectus:
outstanding warrants to purchase shares of our common stock, including our Related - Party Warrants, either (i) would be exchanged for shares of our common stock depending in part on the initial public offering price of this offering, (ii) would be exercised to the extent the exercise price per share provided for therein is less than the initial public offering price of this offering or (iii) would expire or otherwise be cancelled; and
Nonstatutory Stock Options, or NSOs, will provide for the right to purchase shares of our common stock at a specified price, which may not be less than fair market value on the date of grant, and usually will become exercisable (at the discretion of the administrator) in one or more installments after the grant date, subject to the participant's continued employment or service with us and / or subject to the satisfaction of corporate performance targets and individual performance targets established by the administrator.
our currently outstanding warrants to purchase shares of our common stock, including our Related - Party Warrants, either (i) would be exchanged for shares of our common stock depending in part on the initial public offering price of this offering, (ii) would be exercised to the extent the exercise price per share provided for therein is less than the initial public offering price of this offering or (iii) would expire or otherwise be cancelled; and
Our principal stockholders, funds affiliated with or related to Cyrus Capital Partners, L.P. (which we refer to in this prospectus collectively as «Cyrus Capital») and affiliates of Virgin Group Holdings Limited (which we refer to in this prospectus collectively as the «Virgin Group»), as selling stockholders, have granted the underwriters an option to purchase up to additional shares of common stock at the initial public offering price less the underwriting discount solely to cover overallotments.
Also, if your down payment is less that 20 %, you will be asked to obtain mortgage insurance or to take out a piggyback loan in order to reduce the initial loan to 80 % of the purchase price.
With an FHA - insured loan, first - time home buyer down payments can be as low as 3.5 % of the purchase price or appraised value (whichever is less).
This percentage is based on the lesser of the original purchase price or current appraised value.
You can do a cash - out refinance if you've occupied your home for less than that, but you will be limited to the lesser of the original purchase price or current appraised value.
You have to put down the lesser of 1 percent of the purchase price or $ 1,500 out of your own money.
PMI required on all conventional loans where the down payment is less than 20 % of the home's purchase price.
In addition, Dropbox has granted the underwriters a 30 - day option to purchase up to 5,400,000 additional shares of Class A common stock at the initial public offering price less underwriting discounts.
The total price for the package is less than if you purchased each part of the package separately.
The purchase price of each Share will be (i) not less than the net asset... Read More... Read More
I can't imagine how anyone who can do arithmetic would consider buying a 600K to 700K house with less than 10 % down or make improvements that were more than 15 % of purchase price within 2 years of the purchase.
WASHINGTON, D.C. — Nearly half of food and beverage category shoppers and almost 60 percent of health / beauty and household goods category shoppers purchase their preferred brand even when a less - expensive alternative is available, with many shoppers using coupons and price promotions simply to justify purchasing preferred brands.
Shares under the retail share purchase plan will be issued at the lower of $ 3.335 (which represents the placement price less the final dividend) or a 6.4 per cent discount to the average price in the five days until Monday.
If food and gas prices were included in the CPI, the rate of inflation would be closer to 10 percent, and, at that rate, the net purchasing power of earnings in ten years would be less than the initial investment, meaning you would have lost money.
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