Sentences with phrase «loan applications because»

«A friend referred us referred us to Nationwide after several banks rejected our home loan applications because our fico score was too low.
However, your bank keeps turning down your mortgage loan applications because of your pesky credit history.
A credit card application, for example, is weighted «worse» than a mortgage loan application because debts on credit cards can increase over time, until they become unmanageable.
But at times, when you require a loan, the lender may reject your loan application because...
While one of the benefits of taking out a secured financing is that you're able to qualify much more easily, it can sometimes take longer to process the loan application because there is more paperwork and the collateral has to be verified.
You can't have a no doc or low doc loan application because the income and employment verifications are insufficient.
In fact, a couple with no debt, a decent down payment, and a $ 100k income, could potentially be declined for a modest home loan application because their credit history is too thin.

Not exact matches

And then, simply because he was a very senior guy in age and experience, he was able to provide me access to business knowledge and experience: You know what happens when the bank turns down your first loan application?
Plus, banks don't want to waste their time filling out lengthy SBA loan applications if they are confident you'll get denied because of a low FICO SBSS score.
Because Guidant can apply to several lenders with a single application, we're often able to present you with multiple loan offers, meaning you'll have more flexibility when choosing your terms and conditions.
Many customers have written in to talk about how easy the application process was and how much better off they are because of the consolidation loan they got from Payoff.
Because the loan process is short now may be a great time to move forward with a loan application.
Additionally, because the company lets you check your eligibility without making an account and filling out a long application, potential borrowers will be able to quickly determine if a loan from this company is worth pursuing.
Because FreedomPlus takes a «relationship» approach to lending, you will need to speak with a loan consultant to complete the application process.
The Board heard the application, which was below the normal $ 350,000 threshold for Board approval, because Niagara Lubricant has an existing loan balance that when added to this loan request, exceeds that limit.
He described a «cottage industry» that had sprung up around a DOE loan program in which consultants were charging $ 225,000 to help prepare an application because applicants weren't getting any help from DOE.
Philip Penton implies that the mortgage debacle occurred because of people lying on their loan applications (7 July, p 31).
Because math instruction is interwoven with the business and economics focus at NSCS, the students are explicitly taught the math skills through direct instruction, after which they use the skills and an economics - based context, focusing on every day, real - world application such as formulating compounding interest, how to read and develop bar graphs, understanding savings and loans agreements, etc..
The purchased books are stored in the cloud and are accessible to all devices and applications linked to your account.You can also keep local copies of the books and you never have to worry about space issues.You can also lend a book to a friend.You can also read e-books loaned from the public libraries.The users have to download the e-book to their computers and then transfer it using third party software unlike kindles.You can download books using wifi only because nook does not offer 3G.
Also, as an additional benefit, the unsecured loan application process is faster because there is not much to be checked.
And finalizing your Home Loan application will probably take less time because much of your information is already in place.
At Tio Rico, they can process and approve your personal loan application in as little as 30 minutes because they know how valuable your time is!
However, we caution business owners from getting too reliant on short - term loans, because despite their easier application processes, they are some drawbacks:
You shouldn't be blindsided by the amount of the closing costs, because within three days of receiving your loan application the lender must provide you with a three - page «loan estimate» that lays out the various fees.
Because they use valuable collateral to secure the loan, most everyone is eligible and will be approved after the short application process has concluded.
You are not required to complete any loan agreement merely because you have received these disclosures or have signed a loan application.
When Suresh asked his loan officer what was wrong with his application he was told that he was denied a loan because his CIBIL score was only 650 (out of 900).
Because there are so many variables to consider in the auto loan process, we use an online application to gain a complete understanding of each of our customers — that's you!
This is because some lenders base the APR on individual applications, while others offer the loan at the standard rates.
A Parent PLUS loan application is popular among borrowers because it offers financial aid for a unique situation.
Because of these possibilities, submitting low credit scores on loan applications can make approval next to impossible.
It only takes one or two minutes to complete our secure online loan application and you will never have to wait because you'll always get an instant decision from 123 Cash Credit.
(Many homeowners defaulted on their mortgages over the past few years because they lied about their financial circumstances and / or worked with unscrupulous lenders who overlooked deficiencies in their loan applications in order to generate more business.)
The reason for such help is not because some home buyers didn't lie on their loan applications, or because some lenders didn't look the other way when borrowers were patently unqualified for big loans, or that banks and brokers on Wall Street were not obligated to check the value of securities and properly report them, rather it was a matter of self - interest — fewer foreclosures mean less downward pressure on local home values, including the value of your home and mine.
Also known as the VA Streamline Refinance, the IRRRL does not require a COE because the certificate filed with the original loan application is sufficient.
Prohibits guarantee agencies from discriminating by charging additional costs or denying benefits to schools and lenders because of their failure to participate in the guarantee agency's programs or to deliver a specified volume of loans or loan applications or to put a lender that uses the guarantee agency on the school's preferred lender list.
But just about a week later after she had submitted her application, she received a call from Bank ABC saying that her loan application had been rejected because her credit score was poor.
If lenders don't give your loan applications a second look because of your limited credit history, you know what I mean.
Because FreedomPlus takes a «relationship» approach to lending, you will need to speak with a loan consultant to complete the application process.
If a lender says your loan application was denied because of your debt - to - income ratio, that just means your income from your job isn't high enough to offset your debts — from college loans, credit cards, or elsewhere.
If you have credit card or loan application denied, don't assume it's because you have bad credit.
If your loan application was rejected because of your insufficient income to afford the house you want or you have insufficient funds for closing costs and a down payment, you could consider loan programs for low - to moderate - income borrowers with lower down payment requirements.
Because of your poor credit history and your inability or unwillingness to pledge collateral to back up your loan application, lenders usually inflate the interest on the unsecured bad credit loan because of the elevated risk that the lender assumes when loaning money Because of your poor credit history and your inability or unwillingness to pledge collateral to back up your loan application, lenders usually inflate the interest on the unsecured bad credit loan because of the elevated risk that the lender assumes when loaning money because of the elevated risk that the lender assumes when loaning money to you.
PenFed's student loans don't have application fees, closing costs, or early repayment penalties, but because PenFed is a credit union, borrowers have to be members.
The reason they decline some of the application for mortgage is because they want to be sure that they only release loans to people that they believe will be able to pay back.
These small, loans are easy to apply for because potential borrowers only need to meet a few eligibility requirements and don't have to offer any collateral or present a credit score, and the application process can be completed without ever leaving home.
Your credit health and history play a big role in improving your chances of getting approved for a loan; but did you know that one of the biggest reasons applicants get denied is because of incorrect or missing information on their applications?
Some other websites make it more difficult because they send your application to lenders that don't have any interest in student loans.
Because the loan is repaid so quickly, benefits can be felt with regards future loan applications.
If you have a certificate of eligibility, you should present it to your lender when making your loan application, because the lender will want assurance that you are eligible before accepting the application.
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