Sentences with phrase «loans in excess»

Mortgage Default Insurance — This type of insurance is required on most mortgage loans in excess of 75 % of the appraised home value.
«We have seen a significant increase in the number of capital providers lending on deals in Atlanta over the last 24 months, especially for loans in excess of $ 75 million.
Withdrawals or loans in excess of the cost basis create a taxable event if the policy is later surrendered or lapses for nonpayment of premium (or insufficient cash value due to accrued interest on loans).
Representation of Lender in state court receivership action involving multiple properties and defaults on multiple loans in excess of $ 50,000,000.00;
Temporary 90 Percent Guarantees for 7 (a) Loans Prior to the bill's passing, the maximum guarantee allowed for 7 (a) loans was 85 percent for loans of $ 150,000 or less, and 75 percent for loans in excess of this amount.
Under the Veterans Benefits Act of 2004, the maximum guaranty amount of $ 60,000, for certain loans in excess of $ 144,000, to an amount equal to 25 percent of the Freddie Mac conforming loan limit (currently $ 417,000).
The programme has nearly 30,000 clients and has distributed loans in excess of N1.7 billion.
Omni Military Lending Agrees to Stop Making Loans In Excess of New York's Interest Rate Caps Today, New York State launched a crackdown on high - interest loans made to military personnel by closing the «Fort Drum Loophole.»
And if a policy lapses with an outstanding loan in excess of the cost basis, it's taxable.
For example, if you had a 20 year old foreclosure it could legally be included on your credit reports when applying for a loan in excess of $ 150,000.
And if a policy lapses with an outstanding loan in excess of the cost basis, it's taxable.
If the policy lapses with an outstanding loan in excess of its cost basis, it's taxable.
In such a case the real estate investor may be able to pull out some or all of his profit in the form of a new loan in excess of his property purchase price.
At times, homebuyers need to secure a loan in excess of $ 500,000.

Not exact matches

According to the Bank of Canada, close to half of all high - ratio mortgages originated in Toronto were to borrowers with loan - to - income ratios in excess of 450 per cent.
In addition, at any time when incremental term loans are outstanding, if the aggregate amount outstanding under the Asset - Based Revolving Credit Facility exceeds the reported value of inventory owned by the borrowers and guarantors, NMG will be required to eliminate such excess within a limited period of time.
If you have several loans associated with the same loan servicer (the company that sends you a bill each month) and you don't provide instructions, your servicer will generally decide how to allocate your payments in excess of the amount due.
If at any time the aggregate amount of outstanding revolving loans, unreimbursed letter of credit drawings and undrawn letters of credit under the Asset - Based Revolving Credit Facility exceeds the lesser of (a) the commitment amount and (b) the borrowing base (including as a result of reductions to the borrowing base that would result from certain non-ordinary course sales of inventory with a value in excess of $ 25 million, if applicable), NMG will be required to repay outstanding loans or cash collateralize letters of credit in an aggregate amount equal to such excess, with no reduction of the commitment amount.
In addition, at any time when incremental term loans are outstanding, if the aggregate amount outstanding under the Asset - Based Revolving Credit Facility exceeds the reported value of inventory owned by the borrowers and guarantors, we will be required to eliminate such excess within a limited period of time.
If at any time the aggregate amount of outstanding revolving loans, unreimbursed letter of credit drawings and undrawn letters of credit under the Asset - Based Revolving Credit Facility exceeds the lesser of (a) the commitment amount and (b) the borrowing base (including as a result of reductions to the borrowing base that would result from certain non-ordinary course sales of inventory with a value in excess of $ 25 million, if applicable), we will be required to repay outstanding loans or cash collateralize letters of credit in an aggregate amount equal to such excess, with no reduction of the commitment amount.
As far as excess reserves are concerned, B&K argued back in 2016 (when the IOER was a mere 0.25 %), «the only potential loans that would have been affected by the Fed's payment of interest are those with risk - adjusted short - term returns between precisely zero and one - quarter percent — surely a tiny fraction of the total.»
It offers significantly better rates and terms than any payday or no credit check lender — loans from these lenders can carry APRs in excess of 200 %.
In terms of taxation, the excess of the cash surrender value of the policy (plus any outstanding loans) over your basis in the contract is treated as taxable incomIn terms of taxation, the excess of the cash surrender value of the policy (plus any outstanding loans) over your basis in the contract is treated as taxable incomin the contract is treated as taxable income.
Depending on your answers to the above questions, the flowchart might recommend a conforming loan with private mortgage insurance (PMI); or a jumbo mortgage that allows for loan sizes in excess of your local loan limits; or some different program which may be more suitable.
In April 2011, JPMC agreed to settle claims that the bank over-charged active or recently active military service members on their mortgages by paying $ 27 million in cash to approximately 6,000 military personnel, by lowering interest rates and fees in excess of that permitted by the Service Members Civil Relief Act («SCRA») and the Housing and Economic Recovery Act of 2008 («HERA») on soldiers» home loans, and by improperly foreclosing upon homes owned by borrowers protected by SCRA and HERIn April 2011, JPMC agreed to settle claims that the bank over-charged active or recently active military service members on their mortgages by paying $ 27 million in cash to approximately 6,000 military personnel, by lowering interest rates and fees in excess of that permitted by the Service Members Civil Relief Act («SCRA») and the Housing and Economic Recovery Act of 2008 («HERA») on soldiers» home loans, and by improperly foreclosing upon homes owned by borrowers protected by SCRA and HERin cash to approximately 6,000 military personnel, by lowering interest rates and fees in excess of that permitted by the Service Members Civil Relief Act («SCRA») and the Housing and Economic Recovery Act of 2008 («HERA») on soldiers» home loans, and by improperly foreclosing upon homes owned by borrowers protected by SCRA and HERin excess of that permitted by the Service Members Civil Relief Act («SCRA») and the Housing and Economic Recovery Act of 2008 («HERA») on soldiers» home loans, and by improperly foreclosing upon homes owned by borrowers protected by SCRA and HERA.
What I heard this morning really P's me off, apparently Arsenal have in excess of # 220 million sitting in the bank, of course not even half of this will be released to whatever manager have next season, because Kroenke uses it as collateral for loans to purchase other teams and build new stadiums in the USA, not forgetting of course his $ 150 million ranch.
Speaking at a public lecture titled, «The State of the Ghanaian Economy — A Foundation of Concrete or Straw», chaired by Former President John Agyekum Kufuor, Dr. Bawumia revealed that, the total cost of infrastructure from loans, grants and taxes from 2009 to date, is around 7 billion dollars, whereas government has borrowed in excess of 39 billion dollars.
In fact, after a meeting of the legal committee of the NGF at the Plateau State Governors Lodge in Abuja recently, it was disclosed that «with the decision of the legal committee of the NGF to push for the payment of all outstanding fees to all state consultants, the on - going legal battle between the governments on one hand and the consultants that pursued the repayment of the excess deductions made on Nigeria's repayment of foreign loans, will end and the prospect of fresh ones averted.&raquIn fact, after a meeting of the legal committee of the NGF at the Plateau State Governors Lodge in Abuja recently, it was disclosed that «with the decision of the legal committee of the NGF to push for the payment of all outstanding fees to all state consultants, the on - going legal battle between the governments on one hand and the consultants that pursued the repayment of the excess deductions made on Nigeria's repayment of foreign loans, will end and the prospect of fresh ones averted.&raquin Abuja recently, it was disclosed that «with the decision of the legal committee of the NGF to push for the payment of all outstanding fees to all state consultants, the on - going legal battle between the governments on one hand and the consultants that pursued the repayment of the excess deductions made on Nigeria's repayment of foreign loans, will end and the prospect of fresh ones averted.»
(hh) If the unencumbered amount of cumulative surplus revenue from tuition held by a charter school at the end of a fiscal year, less (i) the amount of the fourth quarter tuition payment, (ii) the amount held in reserve for the purchase or renovation of an academic facility pursuant to a capital plan, and (iii) any reserve funds held as security for bank loans, exceeds 20 per cent of its operating budget and its budgeted capital costs for the succeeding fiscal year as is reported in a capital plan to be submitted in the school's most recent annual report, the amount in excess of said 20 per cent shall be returned by the charter school to the sending district or districts and the state in proportion to their share of tuition paid during the fiscal year.
Over the past six years, SEMA has awarded in excess of $ 750,000 dollars in loan forgiveness and scholarships to more than 400 recipients.
The 2015 Ford Mustang GT that will set the pace for the Quicken Loans 400 will feature a 5.0 - liter Ti - VCT V8 engine, which boasts in excess of 420 - horsepower and more than 390 - lb.
The banks, which competed for Alizadeh's business, were unaware that the purchase prices were inflated and sometimes loaned well in excess of the loan - to - value ratio.
However, this doesn't mean you should turn to payday loans, which can carry APRs in excess of 100 %.
With a limit of 40 % in excess income to be used for VA home loan repayments, it leaves 60 % to meet regular monthly expenses.
Borrowers should generally avoid loans with APRs in excess of 36 %, which — in many states — is the legally allowed maximum rate on a personal loan.
For loans that are not in default, any excess payment is applied first to interest and then to principal.
So, if $ 1,000 in excess income exists, the repayments on the large unsecured loan can not be more than $ 400.
As with private sector mortgage loans with a loan - to - value ratios (LTV) in excess of 80 %, FHA guidelines require borrowers to pay premiums for its mutual mortgage insurance (MMI) program.
However, some of these loans have annual percentage rates (APRs) in excess of 100 % or even 1,000 %.
The excess figure is the amount available to make repayments on the home loan, so it is extremely important that this is carried out in detail long before submitting the mortgage application.
Those rules allow her to deduct the interest she pays, provided the amount in excess of her existing mortgage, plus all other home equity loans, don't exceed $ 100,000.
Because private student loans are subject to special treatment in the event of a personal bankruptcy, students may not incur a total debt in excess of the cost of attendance, taking into account scholarships, fellowships, federal loans and private loans.
Similarly, the interest disallowance rule will not apply with respect to bona fide business loans unless the indebtedness is determined to be in excess of reasonable business needs.
I've made several credit card and loan payments in excess of $ 10k, and have never been notified.
According to the Bank of Canada, close to half of all high - ratio mortgages originated in Toronto were to borrowers with loan - to - income ratios in excess of 450 per cent.
Similar to a short sale, a short refinance on an FHA loan allows homeowners to refinance up to 96.5 % of their home's current value provided your existing lender agrees to write off any mortgage debt in excess of your maximum FHA loan amount.
What is more, with bankruptcy clearing the decks of debt, the debt - to - income ratio is extremely good, ensuring that there is little problem in having excess income enough to meet the required repayments on a personal loan.
He works closely with the branch's underwriting and funding teams with loans ranging in size from $ 2 million to in excess of $ 200 million.
But high - cost counties can have loan limits well in excess of that.
Kasasa Loans Disclaimer Loan Description: A Kasasa Loan is an innovative fixed rate, fixed term loan that provides consumers with an opportunity to lower their overall interest expense or create an open - end, revolving line of credit, by making payments that are in excess of the loan's scheduled monthly paymeLoan Description: A Kasasa Loan is an innovative fixed rate, fixed term loan that provides consumers with an opportunity to lower their overall interest expense or create an open - end, revolving line of credit, by making payments that are in excess of the loan's scheduled monthly paymeLoan is an innovative fixed rate, fixed term loan that provides consumers with an opportunity to lower their overall interest expense or create an open - end, revolving line of credit, by making payments that are in excess of the loan's scheduled monthly paymeloan that provides consumers with an opportunity to lower their overall interest expense or create an open - end, revolving line of credit, by making payments that are in excess of the loan's scheduled monthly paymeloan's scheduled monthly payments.
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