Sentences with phrase «lien holders for»

An auto title loan utilizes your F - 250's title, where LoanMart becomes the sole lien holder for the duration of your payment period.

Auto title loans are going to be based on the equity of your Escalade, with LoanMart taking over the vehicle's title as lien holder for the duration of your payment period.

A lender (such as LoanMart) will become the sole lien holder for the duration of your loan's payment period, as your vehicle now becomes a form of collateral, just in case something should happen where your payments begin to become tardy.

An auto title loan is based on the equity of your Chrysler 300 and your ability to repay the loan, where LoanMart will take over the title to the vehicle as the lien holder for the duration of your payment period; we do this so that you may have free reign of your car, unlike other lenders that want to impound your car!

LoanMart's auto title loans are based on the equity of your Toyota 4Runner and your ability to repay the loan, where LoanMart will take over your title as lien holder for the duration of your loan payment period.

A car title loan is based on the equity of your vehicle, where LoanMart takes over as the lien holder for the duration of your payment period.

LoanMart's name is placed on the title as lien holder for only the duration of your loan payment period.

As a means for their customers to continue to have free reign over their vehicles, LoanMart uses the title as collateral, becoming the lien holder for the duration of the loan's payment period.

An auto title loan is based on the equity of your Chevy Avalanche and your ability to repay the loan with LoanMart becoming the lien holder for the duration of a person's payment period.

This could be the lien holder for a financed vehicle or a rental agency when the policy holder rents a car.

Not exact matches

Using an extensive set of data on loan performance that we have developed with Equifax, we find that multiple first mortgage lien holders — that is, people owning more than one home — account for about 40 percent of the dollar volume of seriously delinquent mortgage balances, up from about 5 percent in 2004 (Chart 10).

In some states it can take up to a few weeks for the DMV to add us as a lien holder and send the car title back to us.

The same case applies to the third mortgage holder if any, who must, in turn, wait for the first and second mortgage holders to be paid before they can claim a lien.

Loan servicers can receive $ 1,500 for administrative expenses, and lenders can get as much as $ 2,000 for allowing up to $ 6,000 of short sale proceeds to be distributed to subordinate lien holders (if they exist).

For any asset that is pledged as collateral — such as a car being financed — include the name and address of the lien holder, the lien amount, payment frequency, and amount.

In some cases, multiple lenders might work out an arrangement that leaves more collateral for junior lien holders.

Second and all subsequent lien holders must also approve a short sale, so even though it can still happen, it's a lot of extra work with more opportunities for a last - minute fall - through.

A buyer comes along and makes an offer for $ 290,000 which is accepted by the seller and sent to the 1st and 2nd lien holders.

If a modification isn't the right move for you, we can also assist you in getting a short sale approved by your lien holder.

If the asset does not sell for more than what the primary loan can be satisfied, the secondary lien holder gets nothing.

Either way, the maximum amount owed is $ 500,000 and the Lien Holder can not come after the estate for the difference between the accrued balance and the current value of the property.

If you simply want to refinance the first mortgage, your total housing debt shouldn't exceed 80 % of your home's market value, or else the holders of the second lien may refuse to resubordinate (agree to stand behind the first - mortgage holder for repayment if you default).

The rate featured is based on a loan - to - value ratio up to 80 % for loans of $ 50,000 and above, a maximum loan to value of up to 80 %, terms between 121 - 180 months, and ESL listed as the first lien holder on the property.

If borrowers have gone through a modification where the payment wasn't brought current by the existing lien holder they can be eligible for this program if (1) the modification was made under the terms of the Making Home Affordable Modification Program (HAMP), the loan may close the month following the date the modification was permanent or (2) the modification was a non-HAMP modification, the borrower must have made three monthly payments on time and the modified mortgage must be current for the month due

Often with short sales, the owners lien holder (bank or banks) will allow a credit for VA required repairs.

Adding LoanMart as a lien holder at that time can help expedite the application process for the loan.

Warning: The amount waived by the lien holder will be reflected as a chatge - off on the consumers credit and the consumer will receive a 1099 Form for the full amount of the reduction figure, that must be filed with that years taxes.

Generally, when qualifying for said loan and depending on the lender, a customer will have to relinquish the vehicle's title to the lender, as they will become the new lien holder.

Auto title loans are loans based around the equity of your Ford F - 150, where LoanMart will take over your free - and - clear title as the lien holder; taking over as lien holder is your collateral in this loan process, which means you keep your keys and keep driving for the duration!

When a property is on the market for an extended period of time, the lien - holder will often lower the net payoff.

This is how title loans on cars work: based around the equity of your vehicle, and secured to your title, LoanMart becomes the lien holder as a means for you to obtain your loan money and to keep you behind the wheel for the duration of your loan payment.

That incentive payment could be applied towards settling junior liens - so, if a junior lien - holder was playing hardball, holding out for more money in order to release a lien, the seller might be forced to use their incentive money for that purpose, and never actually see any of the cash.

All the lien holders must agree to accept less than the amount owed on the debt in order for a short sale to go through.

Unlike other lenders, LoanMart will not take the keys away from you, but instead becomes the lien holder to the title for the duration of your loan payment period.

The lien holder (s) must agree to accept less for the property than is owed on the property.

If there is more than one lien holder both will have to approve the short sale, which can complicate things further and increase the time needed for approval.

As with workers» compensation liens (G.L. c. 152, § 15) and Medicare liens 42 C.F.R. § 411.37, which provide a specific statutory framework for sharing attorney's fees, medical lien holders consistently recognized the equitable duty to share the burden of counsel fees.

The «Ruta» [2000] 1 Lloyd's Rep 359: Chris acted for the wages Claimants (not Defendants as stated in the report) in this action in which David Steel J. declined to follow a supposed rule set out in a number of text books and instead applied the Admiralty Court's wide equitable discretion so as to accord priority to the claims of unpaid crew members above the claims of the holders of damage maritime liens.

In other words, if you have accepted what you consider to be a sufficient settlement but fail to account for the interests of lien holders, you could win the battle but lose the war.

The reason for this is simple — if you are still making payments on your vehicle, the lien holder wants to be sure that they receive as much money as possible in the event that you wreck the car.

Generally speaking, there is only one basic requirement for purchasing a PLPD insurance policy: you must own your vehicle outright and not have a lien holder, such as a bank or a car loan lender, on the title.

For financed cars, the lien holder may require that you obtain collision and comprehensive coverage.

The insurer will require all vehicle and driver information: year, make, model number and vehicle ID number for each vehicle, value for each vehicle, vehicle type, lien holder name and address, if any, garage location, operation radius, vehicle use whether it is personal and / or business use, gross vehicle weight and maximum cargo weight if it is truck or van; name and address of each driver, drivers license number, driving history etc..

For example, if your car is not yet paid for, the lien holder may require you have full coverage, or if you use your car for business purposes, you employer may require you to have full coveraFor example, if your car is not yet paid for, the lien holder may require you have full coverage, or if you use your car for business purposes, you employer may require you to have full coverafor, the lien holder may require you have full coverage, or if you use your car for business purposes, you employer may require you to have full coverafor business purposes, you employer may require you to have full coverage.

You'll also need your current registration, the title or the information for your lien holder, and proof of identification and residency.

Getting automobile insurance rate quotes on leased or financed vehicles makes sense, for example, since lien holders typically require these modes of coverage while you are working to pay off any outstanding financial obligations.

One big reason for this is that some vehicles are leased or financed, and lien holders generally require these types of car insurance protection on their vehicles until the liens are satisfied.

For instance, while availing vehicle loan or when the vehicle is leased, the lien holder may insists on auto collision insurance as part of the lease agreement.

However, an exception to this aspect is that if you do have a car loan or if your vehicle is leased, then the auto collision insurance can be asked for by the lien holder as a mandatory portion in the agreement.

However, there are additional requirements from lien holders that must be satisfied for drivers who lease or finance their automobiles.