Sentences with phrase «loan approved for»

I've worked for almost 3 months on getting the loan approved for the short sale.
Even if your buyer is pre-approved for a mortgage, he or she will need to get the loan approved for your specific home.
The exact amount of loan approved for you would depend on factors like the age of the car, mileage, and make of the car.
After you've completed and submitted your application, you can have a loan approved for you in as little as a few minutes.
Angry reactions have greeted the N11 billion loan approved for Governor Sullivan Chime - led government by the Enugu State House of Assembly.
The statement read, «The All Progressives Congress, APC, Enugu State Chapter, is outraged over the secrecy that envelops the N11 billion loan approved for Governor Sullivan Chime - led administration by the Enugu State House of Assembly.
As loans approved for those with bad credit, they are ideal for those in need of a quick injection of funds.
However, applications for very short - term loans that are small in size are more successful as loans approved for those with bad credit.
What is their risk when mortgage loans approved for well qualified borrowers also go south?
Loans approved for Skip - A-Payment will continue to accrue interest on a daily basis.

Not exact matches

As these lenders are compelled to become increasingly selective about who is approved for home loans, desperate borrowers will seek mortgages from unregulated firms that aren't required to take out federal mortgage insurance.
Last year, a whistleblower shared information that the company had been approving loans sourced by mortgage brokers who had submitted falsified salary documents for borrowers.
In July, such lenders approved 61 percent of loan request, compared to 49 percent for small banks, and just 22 percent for large banks, according to online lender Biz2Credit.
And online lenders are approving loans for small business owners at a much faster pace than traditional credit sources.
Developmental lending as practiced by IBC involves providing financial services (primarily loans) to aboriginal people who, for a variety of cultural and / or financial reasons, are alienated by mainstream lending institutions; approving loan applications on the basis of typical financial considerations while taking into account the potential for positive social or community outcomes; and evaluating social outcomes resulting from the loan portfolio over the long term.
Fisker was approved for a $ 529 million loan in 2009.
The province of Quebec recently approved a $ 58 - million loan to renovate and reopen the Jeffrey Mine in Asbestos, Que., allowing production to carry on for another 20 years.
«Prior to 2010, federal law did not require a disclosure showing the actual interest rate on a borrower's loan until after the lender documented the loan, approved the credit, and readied the check for mailing,» the report notes.
Although it took four months for them to get approved for the loan, the funding was crucial in helping the founders get their business off the ground last August, especially because friends, family, banks, community lenders and angel investors had all turned them down.
Reports are also the basis for your credit score, that three - digit number in the 300 - 850 range (the higher the better) that lenders use as a measure of your creditworthiness to approve loans and set interest rates.
Forty - two percent of respondents said banks were not lending to their types of business, and nearly half of companies said they did not apply for bank loans because they did not think they would be approved.
Each approved loan earned the broker an entry into a draw for an NBA March Madness prize pack.
I've yet to see any of my clients get approved for a loan without putting some of their own money up.
Important: If you don't have some liquid capital available - funds that can be cashed in immediately if necessary, it's going to be tough to get approved for a small - business loan.
SBA loans allow banks to approve a loan with less collateral or a lower down payment (if cash flow supports repayment), offer a borrower a longer term to repay resulting in lower payments that fit the business» cash flow, or in some cases, underwrite the company's projections for repayment.
As of Monday, the 282 applications still pending for stimulus funding worth $ 128.7 million, were put on a waiting list in case borrowers or lenders cancel previously approved loans.
It was cheaper to rent than own and much easier to get approved for a rental than a mortgage loan.
All companies approved for a loan through Bond Street are guaranteed to receive their capital within less than one week, as opposed to the weeks or months they'd typically have to wait by going to a traditional bank.
Finally, be wary of any lender that asks for an upfront application fee or an immediate down payment before your loan is approved.
They approved a bridge loan on the spot and wrote me the check that day for the full amount.»
One problem is that banks are approving loans for greater amounts than people can afford, he says.
Furthermore, that bankruptcy will continue to plague your credit reports for up to ten years and could keep you from getting approved for any type of loan or credit during that period.
The U.S. House of Representatives approved a bill lifting the SBA's lending cap for its largest loan guarantee program to a record $ 23.5 billion.
Those easy to obtain credit line increases proved a lifeline for small businesses and were much easier than dealing with a bank, if a bank approved the loan at all.
A carefully thought out description of what the loan will be used for — detailed plans to increase business operations and profits are more likely to be approved.
Each month, roughly 10,000 business owners come to the site looking for financing, 60 to 70 percent of whom are approved for a loan, Blake says.
BLANTYRE, May 1 - The International Monetary Fund has approved a new three - year $ 112.3 million loan arrangement for Malawi to assist the southern African country's economic and financial reforms.
Having a poor credit score will either keep you from obtaining credit altogether or place you in a high - risk category, which means that if you're approved for credit or loans, the interest rates you'll be offered will be significantly higher than someone with excellent credit.
These scores a key to getting approved for financing and trade credit, as well as qualifying for lower rates on things like business insurance and certain loan options.
Your score can impact if you're approved for a loan or credit card.
«There are some stipulations to an applicant being approved for the requested loan,» he says.
A lien can negatively impact your cash flow and overall debt burden — other factors that lenders look at when deciding whether to approve you for a business loan.
Through cosigning, you may be able to help your child get approved for lower interest rates, effectively helping them pay back their loans.
Once you are approved for a refinanced student loan, you'll learn about your new interest rate, and you'll receive the proceeds of your new refinance loan, paying off your old loans.
That's why they won't approve you for a student loan without a...
Lately, reports show some people have been able to get approved for jumbo loans with credit scores of 650, but in t's best to aim for 700 or higher.
We decided to get an FHA loan, which required an income audit on top of turning in our tax returns, to get approved for the best possible mortgage rate.
Getting an FHA loan for a condo allows you to reduce the amount you need to put into your down payment, but the Department Housing and Urban Development publishes a list of HUD - approved condo projects that you'll need to reference first.
That's why they won't approve you for a student loan without a co-signer.
Gathering this information is more important for gig economy workers than typical borrowers, because you will have to work harder to convince a mortgage lender to approve a home loan.
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