Sentences with phrase «money lenders tend»

Hard money lenders tend to eliminate the bureaucracy involved in acquiring a loan from financial institutions such as banks.

Hard money lenders tend to know their local markets quite well and thereby, uniquely situated to make fast loan decisions.

In general, private money lenders tend to limit their loans to business associates and personal contacts while hard money lenders offer loans to any borrower that fits within their requirements.

Not exact matches

Because they specialize in helping those who have damaged credit borrow the money they need to purchase a vehicle, these online lenders tend to have very high approval rates for borrowers.

Those lenders tend to escape from risky financial transactions and thus will not lend money to people with defaults or a bankruptcy on their credit histories.

This can only benefit the lender — but with a personal loan, terms tend to stay on the shorter end, saving you money and keeping you on point with other expenses, or in keeping a budget.

Because of the nature of payday loans, most lenders tend to charge high - interest rates although the money is expected to be paid back in a few weeks.

Since downpayments enable borrowers to have a vested interest in repaying their loan, lenders tend to award better interest rates to those who are willing to put more money down.

That means a private lender, or «hard money» lender might tend to gravitate or specialize in a particular type of property due to the familiarity with both the property and the process.

People who lose their homes to lenders tend to ignore the whole process, but doing so can sometimes cost them money.