Sentences with phrase «loan are less than»

This option comes in handy when rates for a new loan are less than those of an existing one.

The mortgage insurance rates on a 30 - year fixed - rate USDA loan are less than half of what you'll see with FHA mortgage insurance»]; and can be as much as two - thirds less than the private mortgage insurance rates with a conventional mortgage.

No interest is imputed if the aggregate loans are less than $ 10,000.

If your friend or family member wants to give you a no - interest loan, make sure the loan is less than $ 100,000.

That's because, as Bloomberg Economist David Powell recently pointed out, the 191 billion euros of new loans are less than the value of bank debt scheduled to come due this quarter alone.

The aggregate book value of those loans is less than $ 70 million.

When your student loans are less than 7 years old, your creditors still receive a prorated share of your consumer proposal payments, just like any other unsecured creditor.

If their record is scanty for loans of this type or their performance with these loans is less than desirable, move on to the list.

Sub-prime loans are less than ideal but may be the only option for home buyers with poor credit histories.

If however the student loan is less than 7 years old it will survive and be payable after the consumer proposal or personal bankruptcy is completed.

In other words, you no longer have to make insurance payments if the outstanding balance of your loan is less than 78 % of your home's original price.

The FHA allows borrowers to end their insurance payments after five years if the value of their loan is less than 78 percent of the property's value.

If your loan is less than $ 7,500, all you need is a signature — there isn't even a lien recorded against your home.

On the other hand, if the loan is less than 80 % of the value of the property, the lender will rest assured that the value of the property will be able to cover the mortgage amount if there is need for foreclosure.

If the VA home loan is less than $ 144,000.00 the VA will insure a claim of up to $ 36,000.00.

You completed your first consumer proposal or personal bankruptcy when your student loans were less than 7 years old.

So my student loan is less than # 20,000, and I graduated from a top 5 university.

If the interest rate on your student loans is less than 3 % (which mine were, thanks to variable interest rates and the Federal Reserve), all you need to do is find an investment that gets more than a 3 % return and you're better off investing than paying off the loans.

You'll pay no guaranty fee if your loan is less than $ 150,000.

If your loan is less than one (1) year old, the amount collected for taxes and insurance at closing may not have been sufficient to cover the required disbursements.

If the original balance of the loan is less than $ 25,000, the maximum legal interest rate is more than 5 % above the FRBSF Discount Rate at the time the loan is made.

And, if a loan is less than # 1,500, then the partial repayment amount will also be lower.

The saving plotted is the amount by which the amount outstanding on the new loan is less than what would have been owed on the existing loan at the same point in time.

If your loan is less than 12 months old, you'll also need to have made all your payments on time.

A personal loan can make good financial sense for a home renovation project if the renovation improves the financial value of your home (and the cost to borrow the personal loan is less than the expected appreciation of your home as a result of the renovation project).

But under the Mortgage Forgiveness Debt Relief Act of 2007, taxpayers are allowed to exclude debt forgiven on their principal residence if the balance of their loan was less than $ 2 million.

Or if you have a second home, you can add those two loans up, as long as the total of the loans are less than 750, that can still work.

You may have two loans at once provided the total amount of your loans is less than the maximum loan amount ($ 1,000 or 25 % of your gross monthly income).

A consumer proposal is also an option, but again, if the loan is less than 7 years old it is difficult to get the creditors to accept a deal.

Solar loans make the most financial sense when the amount you pay on the loan is less than your monthly utility savings.

So if your loan is less than 2 years old, you can ask for a PMI - canceling refi, but you're not guaranteed to get approval.

The court noted the construction loan is out of balance by $ 42.6 million, meaning the amount of funds available under the loan is less than the amount budgeted to complete the project, putting Freed in default.

Not exact matches

Interest rates on 15 - year mortgage terms are typically lower than those on longer - term loans because the shorter duration of the loan makes it less of a risk to the lender.

He says the Lendio survey is somewhat disingenuous, particularly because total payback amounts tend to favor small business lenders who push loans of less than a year.

The federal government is also adding restrictions on when it will insure low - ratio mortgages, stipulating that such loans must have an amortization period of less than 25 years and that the property must be owner - occupied, among other criteria.

Previously, the rule only applied to high - ratio loans, in which down payments are less than 10 % of the home's value.

It's a far cry from the days — say 15 years ago — when less than a dozen banks held a corporate loan on their balance sheet, and companies could renegotiate the terms of their loan with a single creditor, or a small committee.

These are non-profits that typically lend short - term loans of less than $ 35,000.

The value of commercial and industrial loans of less than $ 1 million — a common proxy for small business lending — was 17 percent lower in June of this year than it was at the beginning of the recovery — when measured in inflation adjusted terms.

In any case, she suggests, the SBA's role in the American economy is statistically insignificant — less than 1 percent of all businesses receive SBA loans each year — yet constitutes unfair competition to businesses that don't need such help and a potentially huge liability to taxpayers should the economy tank.

A tightening of bank lending standards and a drying up of the home - equity - loan market in the post-financial crisis era have made small business credit less available than it used to be.

Securing a business loan can be costly as is, but with less - than - perfect credit, you're looking at higher interest loans that might not be worth the trouble.

There are still regulations, of course, but all - in - all, the process is much less complicated than setting up a bank, credit union, or traditional loan company to cater to people's financial needs.

(See Making Student Debt Less Sticky) While the very uniqueness of each loan and each employee's situation makes it inefficient and uneconomical for any one business to take on the problem, in the aggregate this problem is a large source of growing concern for more than 40 million student and parent debtors (as well as their employers).

This news comes against a backdrop, where small business owners are, generally speaking, finding it harder to get loans under $ 1 million from banks — and more specifically to find loans of less than $ 50,000.

Finance startup Bond Street issues loans to small businesses, many of which have less - than - ideal credit, and it's hatched a plan to stand out in the crowded online lending sector.

Remember the bank bail outs when people realized that simply walking away from their home loans were far easier than continuing to pay a mortgage on a house that was worth far less than they owed for it?

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.

For SBA loans between $ 25,000 and $ 50,000, maximum rates are not permitted to exceed 3.25 percent (for loans that mature in less than seven years) and 3.75 percent (for loans with longer terms of maturity).

According to the SBA, fixed rate loans are not allowed to exceed the prime rate plus 2.25 percent if the loan matures in less than seven years.