Sentences with phrase «make loans to»

With the direct payoff program, LendingCub will make loans to certain higher - risk borrowers so long as at least 80 % of the loan is used pay off outstanding debt and LendingClub transmits the funds directly to creditors.
PeerStreet investors join with the originators to make the loans to the borrowers.
However, most lenders will only make loans to borrowers who are at least 18 years old and reside in a state they serve.
FHA mortgage insurance also encourages lenders to make loans to otherwise credit worthy projects and borrowers that might not be able to meet underwriting requirements that are conventional, protecting the lender against loan default on mortgages for properties that meet certain minimum requirements — including single - family, manufactured homes, some health - related facilities, and multifamily properties.
FHA mortgage insurance also encourages lenders to make loans to otherwise credit worthy projects and borrowers that might not be able to meet underwriting requirements that are conventional, protecting the lender against loan default on mortgages for properties that meet certain minimum requirements — including single - family, manufactured homes, and multifamily properties, and some health - related facilities.
A mortgage is a significant financial outlay, and lenders who make loans to folks who can't pay them back don't stay in business very long.
FHA mortgage insurance also encourages lenders to make loans to otherwise credit worthy projects and borrowers that might not be able to meet underwriting requirements that are conventional.
By protecting the lender against loan default, FHA mortgage insurance encourages lenders to make loans to otherwise credit worthy borrowers who might not be able to meet underwriting requirements that are conventional.
It is a peer - to - peer lender, that allows individuals to make loans to other individuals.
The unique features of VA Home Loans are what make the loans to be more attractive to individuals.
Lenders can't afford to make loans to borrowers who won't be able to pay back the loan.
Since nonbanks don't face the same regulatory scrutiny as commercial bank, they are often able to make loans to borrowers with lower credit scores.
Peer - to - peer lending, as its name implies, allows individual investors to pool together and make loans to ordinary people like you and me.
Consistent with federal tax requirements, under LRAP, the Law School will make loans to qualifying graduates to assist them with their federal law school loan repayments.
When you put your money in a savings account, you are lending your money to your bank or credit union, and they can use this money to make loans to other customers.
Moreover, LendingClub can not make loans to residents in Iowa and Marcus can not lend to residents in Maryland.
The Upstart system seeks to identify and make loans to what it refers to as «future prime» borrowers.
That's an important distinction — it's not unusual for banks to make loans to medium - sized and large businesses, but they aren't nearly as active when it comes to the small business market.
Both PersonalLoans.com and Avant will make loans to lower credit scores.
Some financial institutions, payday lenders and credit card companies will make loans to people with poor credit and charge excessively high interest rates.
For instance, the joint - agency QM / QRM document mentioned earlier goes on to state that certain smaller lenders can make loans to borrowers with DTI ratios above 43 %:
This document (PDF) is intended to serve as a guiding statement for organizations that make loans to cover educational expenses, outlining general principles that promote borrower success.
When this happens and they're faced with making fewer loans, lenders will make those loans to borrowers with the best chance of repayment — often, those with the highest FICO ® scores.
Private lenders like ReverseMortgages.com make the loans to borrowers.
For this same reason, lenders will make loans to people with lower credit scores more expensive.
However, most financial institutions use the Fair Isaac Corporation (FICO) Score to decide whether or not to offer credit or make loans to consumers.
Mortgage insurance also helps the lender offset risks and allows them to make loans to buyers who can only offer smaller down payments.
The bank uses your money to make loans to others at a higher rate of interest.
New Markets Tax Credits are given to private investors who then invest in or make loans to community development efforts in low - income neighborhoods, like charter schools.
Will big banks continue to make loans to poor countries if the debts are forgiven?
However, most lenders will only make loans to borrowers who are at least 18 years old and reside in a state they serve.
Most banks don't like to make loans to borrowers with more than 43 % debt - to - income ratios.
The IMF's Articles of Agreement forbid it to make loans to countries that clearly can not pay, prompting its economists to complain at last year's October 2013 annual meeting in Washington that their institution was violating its rules by making bad loans «to states unable to repay their debts.»
Bankers for their part were eager to make loans to finance buyouts of public gambling, telephones, ports and transport or similar monopoly opportunities.
Finally, the willingness to make loans to marginal borrowers is really a statement that lenders are willing to make an equity investment in someone they are lending to, or some property that they are lending against.
For instance, the joint - agency QM / QRM document mentioned earlier goes on to state that certain smaller lenders can make loans to borrowers with DTI ratios above 43 %:
For this same reason, lenders will make loans to people with lower credit scores more expensive.
The reality is that member commercial banks create new money every time they make loans to or buy securities from the non-bank public.
Based on its capitalization and deposit base, the bank would make loans to Massachusetts cities and towns for infrastructure projects.
Banks don't make loans to build factories and employ people.
The debt deal, which came on Friday after about 19 similar summits since the start of the debt crisis (with few results), called for countries that use the euro to allows two European bailout funds to aid European banks directly, rather than make loans to governments to bail out the banks.
IMF economists said that Greece can't pay, and under the IMF rules it is not allowed to make loans to countries that have no chance of repaying in the foreseeable future.
He said Berkshire had no incentive to make loans to people who couldn't repay them.
Several weeks ago — with an extensive press rollout, a full - page New York Times ad, and a $ 300,000 one - minute commercial during Game 7 of the World Series — he announced «Create Jobs for USA,» a grass - roots private fund that will make loans to small businesses in underserved markets across the country.
For another, the money goes first to intermediaries like the Richmond Economic Development Corporation, which in turn make loans to people like Baskerville.
Earlier in the year, the fund put $ 250 million in Kabbage, which makes loans to small businesses.
Notwithstanding CASPERSEN's statements to the contrary, CASPERSEN never used any investor funds to make any loan to any entity, or otherwise invest in any fund or investment vehicle associated with any private equity fund.
This arrangement makes loans to startups and existing businesses with poor credit histories less risky for the financial institution.
Wall Street worried that it was a sign credit card companies were loosening standards and making loans to borrowers that couldn't afford it.
In order of preference, find a venture capitalist, an angel investor, a friend or family member who has enough assets to put some at risk, or a banker who will make a loan to the business without a personal guarantee from you.
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