Sentences with phrase «loan approvals»

The data shows geographic distribution of loans and applications, income of applicants and borrowers, and information about loan approvals and denials.

There are exceptions to this guideline but most VA loan approvals are at or below the magical 41 number.

When you have invested in property, your loan approvals for business or personal reasons become easier.

If you do this, you will put yourself on the path to a better credit history and more loan approvals in the future.

Karrot wants to be able to offer fast personal loan approvals while still keeping its interest rates low.

Building credit allows for better chances at credit limit increases or loan approvals in the future.

According to automated mortgage solutions giant Ellie Mae, in 2013 31 percent of loan approvals had an average FICO score under 700.

We base our loan approvals on the equity in the property in question, without placing too much emphasis on low credit or experiences in a borrower's past.

If your credit score isn't very high — and your credit report has a few black marks — making some improvements can mean a big difference in loan approvals and credit card interest rates.

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In an attempt to speed up and make it easier for small businesses to apply for and receive business loan approvals, National Australia Bank (NAB) has partnered with cloud accounting software com...

Loan approvals to investors have also risen in recent months, but remain 23 per cent below their peak.

The increase in loan approvals in June may have partly reflected efforts by borrowers to take advantage of existing low interest rates, amidst widespread talk that intermediaries» interest rates might rise.

Finally, rather than falling, if the value of loan approvals was to grow by 2 per cent per month from the November 2003 level until the end of 2004, housing credit growth would be expected to remain at around its current rate of close to 25 per cent.

The increases in new loan approvals recorded through most of 1997 did not lead to an increased rate of growth in loans outstanding, because principal repayments were increasing at the same time.

After increasing strongly during much of 1997, loan approvals for housing appeared to level out in the early months of this year, before showing a strong further rise in June (Graph 15).

We strive to do this by helping people repair damaged credit through realistic opportunities for auto loan approvals.

The value of loan approvals in January and February was 23 per cent higher than a year ago.

The value of housing loan approvals and movements in housing credit outstanding track one another closely (Graph C1), although the value of approvals is typically at least double the dollar value of the movement in credit, due to repayments of principal and drawdowns of existing facilities.

To put these numbers into perspective it is useful to consider the likely impact on credit growth of the 5 per cent decline in the value of housing loan approvals recorded in November 2003.

Over the past three months, the value of total loan approvals has risen by 12 per cent to be 31 per cent higher than a year earlier.

The strong growth in household borrowing looks likely to continue at least into the early months of 2004, with housing loan approvals remaining at a very high level, despite falling in November for the first time in more than a year.

It is also useful to look at the effect on credit growth of a number of other scenarios for loan approvals.

The value of housing loan approvals increased, from an average of around $ 12 1/2 billion per month over the first three quarters of 2004 to $ 14.2 billion in February (Graph 28).

Owner - occupier loan approvals have been rising consistently for much of the past year and are now above their late 2003 peak.

Looking forward, there is little evidence to suggest that the rate of credit growth is likely to slow in the near term, with new loan approvals for housing having increased by 24 per cent over the six months to August.

Despite the recent decline, further significant falls in loan approvals will be required to return the rate of housing credit growth to a level that is sustainable in the medium term (see «Box C» for further details).

However, the current high level of loan approvals suggests that housing credit growth will nonetheless remain very fast in the near term (see Box C in the chapter on «Domestic Economic Conditions»).

In recent months, as discussed in the section on Domestic Economic Activity above, housing loan approvals have stabilised after the strong growth recorded earlier, but they remain at a high enough level to generate continued strong growth in the value of loans outstanding.

Given the relationship between the level of housing loan approvals and the dollar - value movement in housing credit, it is possible to derive a relationship between the percentage change in approvals and the growth rate of credit.

Furthermore, new loan approvals continue to increase strongly and are at a very high level (Graph 31).

This appears to have contributed to a decline in the participation of first - home buyers in the market, with their share of new loan approvals for owner - occupation declining over the past two years to be slightly below 20 per cent in May.

Given the lags between loan approvals and the increase in credit outstanding, the strong pace of credit growth can be expected to continue, at least in the near term.

The value of loan approvals to both owner - occupiers and investors has picked up since the beginning of the year (Graph 24), along with refinancing activity.

Over the past year, household credit has increased by around 20 per cent, and with the value of housing loan approvals continuing to rise over recent months, there seems little prospect for a near - term slowing in the pace of growth.

The Australian Bureau of Statistics divides new loan approvals into those made by banks, building societies and other lenders.

However, both loan approvals and credit growth still remain at high levels, and the value of loan approvals would need to fall significantly further to bring credit growth back to a reasonably sustainable pace.

However, as noted in the chapter on «Domestic Economic Conditions», housing loan approvals remain at a high level, which suggests that further falls in approvals would be required for housing credit growth to fall to a sustainable pace.

Within the total, investor loan approvals and credit have slowed much more than the owner - occupier components.

The value of housing loan approvals peaked at around $ 15 billion a month in October 2003 and has now fallen in each of the four months to February, to an amount currently around $ 12 billion a month.

This widening in the gap between fixed and variable housing rates is likely to have contributed to the pick - up in the proportion of borrowers choosing to take out fixed - rate housing loans: in November 2004, the latest available data, 11 per cent of new owner - occupier housing loan approvals were at fixed rates, up from 7 per cent three months earlier and the highest share since the beginning of 2004, which followed a period of monetary policy tightening (Graph 45).

Loan approvals picked up ahead of building approvals and have continued to grow strongly in recent months.

The value of housing loan approvals was down by 25 per cent from the peak in late 2003.

The decline in issuance was sharper than can be readily explained by seasonality and the fall in housing loan approvals in 2004 and appears to have been driven by a fall in issuer supply rather than investor demand, given that primary spreads have narrowed by at least 5 basis points over the period, to historically low levels.

This follows a period in 2002 and 2003 when it was stronger than would have been suggested by the prevailing level of loan approvals, perhaps partly reflecting a greater than usual amount of redrawing of funds from existing housing loans.

Despite the sharp fall in housing loan approvals, growth in the stock of housing credit has continued to accelerate.

As was explained in «Box C» in the February 2004 Statement, the level of loan approvals is a leading indicator of the growth rate of credit, though the relationship from month to month is not very precise.

OnDeck loan approvals are based upon healthy business fundamentals like cash flow, not based solely upon the value of any particular business asset.

In autodecisions, a bank bases loan approvals or rejections solely on an applicant's credit score.

Meanwhile, small business loan approvals at small banks, which generally have been focusing on SBA loans in recent months, dipped to 48.7 % in December — a full percentage point from the previous month.