Sentences with phrase «minimum loan size»

The B2R portfolio program minimum loan size is $ 300,000 which is not a problem for Seattle but in Detroit and Milwaukee... you need a dozen homes to get there: --RRB-

Most lenders have a minimum loan size; if the loan is too small, it is too difficult for the lender to turn a profit.

Underwriting guidelines include, but are not limited to: acceptable 12 - month loan payment history, individual credit scores, acceptable LTV and debt ratios, current homeowners clear title, minimum loan size, etc..

State - based lending laws also stipulate the minimum loan size.

Even smaller regional lending institutions have minimum loan size requirements.

LendInvest has reduced the rates payable for a number of these products and has reduced the minimum loan size on Pre-construction finance loans from # 1m to # 75k.

Not exact matches

Now that the Small Business Administration (SBA) has mandated a minimum 10 percent down payment on all SBA loans (and most individual lenders require up to 25 - 30 percent), the necessary cash needed as an SBA down payment can range from $ 40,000 to $ 120,000 for an average - sized loan.

Depending on the size of the loan, the minimum required down payment can be 15 % or more — whereas conventional mortgages only require 3 % down.

Federal student loans come with more options for repayment, such as income - driven repayment plans, which use a borrower's income and family size to determine the minimum monthly payment amount.

Loan amounts subject to state specific minimum or maximum size restrictions.

All loans subject to OneMain's normal credit policies and may be subject to maximum or minimum size restrictions, which vary by state.

Even when securing a debt consolidation loan with bad credit, the loan sum is enough to clear all of the card balances and because the interest rate is smaller, and the loan term is longer, the size of the required monthly repayment is much lower than the combined minimum repayment sums.

The VA will determine your minimum requirements for loan approval based on our family size and your location.

Minimum Loan: $ 30,000 Residual Incomer per Family / Geographic: Borrowers must have residual income left over after their loan closes, see table below for what is required: Family Size 1 $ 450 2 $ 755 3 909 4 1,025 5 1,062 Over 5 Add $ 80 for each additional family member up Loan: $ 30,000 Residual Incomer per Family / Geographic: Borrowers must have residual income left over after their loan closes, see table below for what is required: Family Size 1 $ 450 2 $ 755 3 909 4 1,025 5 1,062 Over 5 Add $ 80 for each additional family member up loan closes, see table below for what is required: Family Size 1 $ 450 2 $ 755 3 909 4 1,025 5 1,062 Over 5 Add $ 80 for each additional family member up to 7

There is generally no minimum or maximum size for a Direct Consolidation Loan.

The government has set the legal minimum mortgage down payment at 3 % for conventional loans, with specific requirements varying based on loan size, lender and credit score.

Also, you'll have to meet certain minimum requirements for your loan approval — that are based on your family size and your location.

Here's something else you should know: the VA establishes minimum requirements for loan approval — which are based on your family size and your location.

That minimum income requirement will vary depending on the lender, the size of the loan, and, sometimes, even the make and model of the vehicle.

Regardless of loan size, there is a minimum $ 50 monthly payment in the Standard Repayment Plan.

Loan amounts are also subject to state specific minimum and maximum size restrictions.

Among them, he cited a lack of access to lands and loans, municipalities» definitions of minimum habitable structure sizes, and social pressures: «People can get very defensive and social pressures can make the shift to living a simple life in a Tiny House very difficult with some people.

The Department of Veterans Affairs will not back a loan if military borrowers don't meet or exceed a minimum residual income threshold which varies by individual family size, and by the cost of living by geography.

Minimum and maximum loan size may not apply to all property types and / or in all regions and is subject to change without notice.