Not exact matches
High - risk
loan factors, which are associated with higher mortgage rates,
include a
history of late or «slow»
repayments to creditors; borrowing for a multi-unit home or a condominium; and, borrowing to finance a vacation home or an investment property.
However, what most borrowers don't realize, is the interest rate and expected monthly payments are determined by several factors,
including the borrower's past credit
history, current financial situation and future earnings potential, the lender's costs and desired profit margin, and the
loan repayment options the borrower selects.
Your potential savings depends on a few variables
including your current interest rate, outstanding
loan debt, your
repayment term, and your credit
history.
How much you save depends on many factors,
including current interest rate (s), your outstanding student
loan debt, your
repayment term, and your (or your cosigner's) credit
history.
A variety of factors influence private student
loan interest rates,
including the type of
loan, the credit
history of the borrower and cosigner (if applicable), whether it is a fixed or variable rate
loan, the base interest rate index used, the
repayment term chosen, and whether principal and / or interest payments are deferred.
Your actual student
loan interest rate may be different than the rates in these examples and will be based on your credit
history, which
repayment option you choose and other factors,
including your cosigner's (if any) credit
history.
Also, your
loan amount, APR and length of
loan may depend on a variety of factors that lenders or lending partners use
including your credit score and
repayment history.
Amounts as well as approvals are determined on a number of factors
including your credit, employment,
loan repayment history, as well as number of other factors.
High - risk
loan factors, which are associated with higher mortgage rates,
include a
history of late or «slow»
repayments to creditors; borrowing for a multi-unit home or a condominium; and, borrowing to finance a vacation home or an investment property.