Sentences with phrase «loan with a term of»

What's more, a loan with a term of less than a year will (in part, because of the way APR is calculated) likely have a higher APR than a similar interest loan with a longer term.

While the bank's charter technically expired June 30, it continues to service loans with terms of up to 18 years.

Other banks may have interest - only loans with terms of 10 years and loan - to - value ratios of 65 %.

You could get a loan with a term of 5 years or your could repay your loan over 20 years.

Borrowers who take out a variable loan with a term of 5, 7, or 10 years will have a maximum interest rate of 9 %.

Avant issues loans that range from $ 1,000 to $ 35,000, and you can get a loan with a term of anywhere from two to five years.

Term loans can either be short - term loans with terms of one year or less, or long - term loans with terms of more than one year.

Like any mortgage, you have the option of a fixed - rate or adjustable - rate loan with a term of 15 or 30 years.

Term loans can either be short - term loans with terms of one year or less, or long - term loans with terms of more than one year.

Unlike most lenders, KeyBank does charge prepayment penalties if a personal loan is paid off within the first 18 months (this does not apply to loans with terms of 18 months or less).

Prepayment penalty: $ 150 if loan is paid off in first 18 months (does not apply to loans with terms of 18 months or less)

For 7 (a) loans with terms of 15 years or less, the prepayment penalty will be declining for the first three years from 5 % in the first year to 1 % in the third year.

These loans are especially popular among military members so federal law was passed saying that service personnel and their families could not be charged interest rates higher than 36 % for a loan with a term of 181 days or less to repay.

They offer fixed rate VA loans with terms of 30, 20 and 15 years, as well as adjustable - rate mortgages.

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.

The maximum legal interest rate for a single payment loan with a term of one year or less and principal amount of $ 1,000 or less is 10 %

According to the bank, borrowers with a variable loan with a term of five, seven or 10 years will have a maximum APR of 9 %; variable loan borrowers with 15 - or 20 - year terms won't have an interest rate exceeding 10 %.

There are different Annual MIP values for loans with a term greater than 15 years and loans with a term of less than or equal to 15 years.

Loans with a term of greater than 15 Years and Loan amount < or = $ 625,000.

If you are struggling to make monthly payment and you are considering a consolidation loan, the non-profit offers student consolidation loans with terms of either 15 or 20 years, which are also penalty - free for early repayments, and are available at fixed or variable rates.

A $ 20,000.00 new vehicle loan with a term of 60 months at 3.70 % APR will have a payment of $ 365.68.

Business loans are fixed rate, fixed monthly payment loans with terms of between one year and five years.

U.S. Bank offers traditional refinancing loans with terms of 10, 15 and 20 years, as well as the 30 - year option.

You can also choose a loan with a term of between one and five (or at least three) years.

Finding the lowest possible rate is particularly important now that auto loans with terms of 72 or even 84 months are becoming more common.

United Home Loans offers Florida FHA Mortgage Loans and VA Mortgage Loans with terms of 30 Year Fixed and 15 Year Fixed.

United Home Loans offers Colorado FHA Mortgage Loans and VA Mortgage Loans with terms of 30 Year Fixed and 15 Year Fixed.

United Home Loans offers Illinois FHA Mortgage Loans and VA Mortgage Loans with terms of 30 Year Fixed and 15 Year Fixed.

United Home Loans offers Michigan FHA Mortgage Loans and VA Mortgage Loans with terms of 30 Year Fixed and 15 Year Fixed.

United Home Loans offers Wisconsin FHA Mortgage Loans and VA Mortgage Loans with terms of 30 Year Fixed and 15 Year Fixed.

Loans with terms of less than five years.

These include construction - only loans with terms of less than two years that do not finance the transfer of title to the consumer and loans secured by vacant land on which a home will not be constructed or placed using the loan proceeds within two years after settlement of the loan.

The FHA Streamline Refinance rule applies to single family FHA loans with terms of 15 years or greater.

Not exact matches

Home Capital Group has seen some of its riskier lending business drain away to the private, unregulated mortgage lenders — firms like Alpine Credit or the many so - called «mom - and - pop» shops which proliferated as small investors teamed up with brokers to provide short - term, non-amortized loans.

For example, if you buy a piece of machinery with a loan that was intended to fill a short - term need like employee payroll, then you risk being saddled with a loan that you can't get out from under.

So he backed out of the deal and funded the company with personal savings and a couple of short - term bank loans.

About 70 per cent of mortgages in Canada are fixed rate, with the majority of those loans set for five - year terms.

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.

Lenders also examine the credit scores of owners with 20 percent ownership or more when deciding whether to extend a loan offer or deliberating its terms.

The bureau said it does not know, but Chopra said the agency is concerned that with an aging population and very long terms on some private student loans, this could «spiral out of control.»

Loans of up to $ 300,000 will be available for terms of one to six months, with annualized interest rates ranging from 6 percent to 28.8 percent.

VDM Group has finalised terms for an $ 18 million loan facility with its largest shareholder to fund an investment in a copper project located in the Republic of Angola.

With factoring, a company sells its accounts receivable to receive a short - term loan of up to 80 percent of its value.

Think of it in terms of the restaurant: If the restaurateur had taken a loan to remove the tables, he'd have debt to repay, but no additional income to pay it with.

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).

Short - term online lending: Typically, the average short - term loan size is $ 5,000 to $ 150,000 with a term of 3 to 24 months.

Dell has also made progress in syndicating $ 10 billion of its financing package for the EMC acquisition dubbed «term loan A», people familiar with the situation said earlier.

Glickman put in $ 80,000 of his own money over time and would occasionally make short - term loans to the company; later his father would end up lending the company $ 100,000, which was paid back in full, with interest, within a year.

The group of banks participating in the term loan A has been expanded from the original eight underwriters to 25, with more expected to join before the syndication is completed in the next week, the people said.

Yes, you'd be paying about $ 227,000 in interest over the life of the loan compared to $ 22,000 over a single year, but think about the $ 38,000 a month you'd be saving on payments with the longer - term loan.