Sentences with phrase «meet their payment obligations at»

When applying for a mortgage, aspiring homebuyers will have to prove they can meet their payment obligations at an interest rate two per cent above the rate offered by their lender, or at the Bank of Canada five - year fixed rate (which at press time was 5.14 per cent), whichever is higher.

Not exact matches

The referred individual must publish at least one manuscript in paperback or hardback form with Archway Publishing; and the referred individual must meet all payment obligations to Archway Publishing.
You may apply to have your cosigner released from their obligation after the first 48 consecutive monthly principal and interest payments are received on time as long as you meet the underwriting and credit criteria at the time the cosigner release is requested.
In general, the higher the credit rating, the more likely an issuer is to meet its payment obligationsat least in the opinion of the rating agency.
Factors that can prevent someone from meeting the traditional criteria could be a high debt - to - income ratio, low reserves at settlement, as well as past credit woes — bankruptcies, defaults, foreclosures, or chronic late payments on debt obligations.
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