Sentences with phrase «loan at an acceptable rate»

A MB also helps clients in selecting a suitable mortgage loan at an acceptable rate.

Not exact matches

We only review lenders that cap interest rates at 36 %, the maximum rate financial experts and consumer advocates agree is the acceptable limit for a loan to be affordable.

Hybrid ARMs are that have 3, 5, 7 and 10 year fixed rate terms at the beginning of the loan are also acceptable, subject to defined increase caps.

(2) From the group of borrowers identified under paragraph (d)(1) of this section, the data manager identifies a sample that is large enough to derive an estimate, acceptable at a 95 percent confidence level with a plus or minus 5 percent confidence interval, for use in determining the number of borrowers who should be excluded from the calculation of the program cohort default rate due to improper loan servicing or collection.

As credit rating are not so much involved it is sometimes called as «bad credit» loans or cash advance loans - bad credit acceptable at paydaynow.net.

Example 1: A loan above a consumer usury rate of interest, with a 1 year balloon payment at interest only payments monthly, secured by a pledge of income from other business operations or sources of income and with a pledge of life insurance being required can be acceptable in a commercial loan transaction, all of these aspects are predatory to a consumer.

In addition to looking at the interest rate and length of the loan, you need to read the fine print carefully and make sure that terms are acceptable and favorable.