Sentences with phrase «loan under new terms»

Student loan refinancing refers to taking out a new loan under new terms which is used to pay off your existing student loans.

As previously stated, refinancing is when you apply for a loan under new terms and use that loan to pay off one or more existing student loans.

Student loan refinancing involves applying for a new loan under new terms, which is then used to pay off one or more existing student loans.

Refinancing is when you apply for a loan under new terms and use that loan to pay off one or more existing student loans.

Alternatively, a Cash - Out Refinance refinances your current loan under new terms, so it's not a second mortgage, but merely a new first mortgage.

Once your finances are in good shape, you could even refinance your loans under new terms.

Not exact matches

«Since our company isn't one with much capital — our «assets» are our employees and contracts — we have been able to finance new programs under an accounts receivable margining system, in which the bank will loan us short - term funds based on our current contracts and receivables.

In 2013, FHA revised its mortgage insurance premium policy so that all new FHA mortgages with down payments under 10 % have to pay mortgage insurance premiums for the whole loan term.

Chelsea plan to secure England Under - 21 striker Abraham to a new long - term contract and loan him out next season before attempting to integrate him into the first - team squad.

However, you need to ensure that you get the new consolidation loan under good terms.

In essence, the new law will make it possible for students to go through their education using government rewarded loans, and then later repay them under better terms.

Private student loan refinancing allows you to replace your existing private and / or federal student loans with a new private student loan under different terms.

The other reason is that consolidating certain federal loans (like PLUS loans) opens up some new benefits that you may have been ineligible for under the terms of your original loan.

There is no loan - to - value restriction under the HARP mortgage program so long as your new mortgage is a fixed rate loan with a term of 30 years or fewer.

Under the new terms, graduates reduce the monthly loan repayment burden.

Many of the companies that co nsolidate student loans (for reference, private student loan consolidation, often referred to as refinancing, pertains to combining multiple student loans together under a new interest rate and repayment term) offer borrowers the ability to release their cosigner.

In general, a loan modification is a voluntary restructuring of debt by the lender to make it possible for a borrower to remain in the home and to make payments to the lender under new terms.

The «right of rescission» period is a provision under the Truth in Lending Act that essentially gives homeowners who are refinancing their mortgages a chance to mull things over before committing to the new loan terms.

In essence, refinancing is combining your current loans into a new loan, perhaps from a new lender, under new terms.

This SoFi vs. Earnest comparison reviews two of the main companies in a highly competitive market such as student loan refinancing - where student loans are consolidated under a new interest rate and repayment term.

Under the terms of the Treasury Department program, participating banks that offer new loan terms are supposed to put homeowners through a three - month trial period.

The offer is to be financed through a combination of SoftBank's existing cash resources and borrowings under a new ¥ 1 trillion (approximately # 7.3 billion) term loan facility.

Benefits Under Future Generali Loan Suraksha and New Group Term Assurance Plan 2 can an important point of comparison between the two plans.

The «right of rescission» period is a provision under the Truth in Lending Act that essentially gives homeowners who are refinancing their mortgages a chance to mull things over before committing to the new loan terms.

Under the new «Know Before You Owe» rules, mortgage lenders must send you easier - to - understand information about your loan — the Closing Disclosure form — 3 business days before closing on your home, giving you time to review the terms of your mortgage.

Under the new schedule, a home purchase with a base loan amount of up to $ 625,000, with an 85 - percent loan - to - value ratio and a 30 - year loan term, will require an annual mortgage insurance premium of 55 basis points, down from 80 basis points.

Under the new financing, BankBoston will provide a $ 12 million term loan and a $ 3 million revolving credit line.