Sentences with phrase «more qualified borrowers»

Reach more qualified borrowers with BiggerPockets Premier Hard Money Lenders Directory.

«Letting more consumers know how down payments are determined could bring more qualified borrowers off the sidelines.

«There's a new reason Realtors and lenders may expect more qualified borrowers at the closing table during this spring's home buying season.

Increased Buying Power: ROBS funding can be used as the down payment on a small business loan or seller financing arrangement — making a business owner a more qualified borrower and increasing his / her total buying power.

Not exact matches

When used as the down payment on a loan, ROBS helps entrepreneurs become more qualified and confident borrowers.

It sent buyers to eight dealerships in eastern Virginia and found that white borrowers with weaker credit profiles got less expensive financing options and more favorable treatment than their nonwhite counterparts who were more financially qualified.

This type of electronic debit makes capital available to some borrowers who might not qualify within a more traditional payment model.

Although you could qualify for an FHA loan with a credit score as low as 580, your interest rate will likely be higher than a borrower with a credit score of 700 or more.

For borrowers, this can mean lower and more flexible credit requirements to qualify for student loan refinancing.

The borrower must have a credit score of 550 or more, though borrowers with lower credit scores may still qualify if they meet the other requirements.

In addition, borrowers who have lump - sum payments made on their behalf under a student loan repayment program administered by the U.S. Department of Defense may also receive credit for more than one qualifying PSLF payment.

Even worse, researchers found more than half of borrowers in default would qualify for an income - driven repayment plan that would significantly reduce their monthly payments.

Predatory lending occurs when lenders impose excessive or unnecessary fees or steer borrowers into expensive loans when they could qualify for more affordable credit.

We've heard about new government lending rules that were supposed to increase mortgage standards even more, «squeezing out» many well - qualified borrowers as one analyst put it.

To learn more about this, refer to the passage below about well - qualified borrowers.

Guaranteed Rate is a nationwide mortgage lender that specializes in financing purchase loans for more highly qualified borrowers.

This modified version of PAYE allows more borrowers to qualify because you can become eligible regardless of when you took out your loans.

SoFi is a good option for qualified borrowers who want to borrow more than $ 40,000.

Not all borrowers will qualify; contact us for more information on fees and terms.

Private mortgage insurance is a 60 - year old bedrock of the housing system that for decades has helped low down payment borrowers qualify for mortgage financing — more than 25 million borrowers to date — and has provided critical credit risk protection to the government and taxpayers through numerous housing cycles.

Balboa Capital offers a wide array of equipment financing options and competitive rates for those who qualify; it's a good option for borrowers who seek business loans but require more flexibility in lending.

The company is known for its personal loans in amounts up to $ 100,000 and for the fact that the company reserves its underwriting only for highly qualified borrowers, making a SoFi personal loan one of the more desirable offers on the market for those who qualify.

We believe Balboa Capital offers a suitable solution for borrowers who can qualify for a bank loan but would like more flexibility in their borrowing terms.

Bad credit borrowers are more likely to qualify for a debt consolidation loan using a home as collateral.

Please meet with a licensed loan originator for more information as programs are available only to qualified borrowers.

Guaranteed Rate is a nationwide mortgage lender that specializes in financing purchase loans for more highly qualified borrowers.

While for self - employed borrowers the criterion is the same, there are more options as certain deductions not available to wage earners may not reduce qualifying income while do reduce taxes due.

As lending restrictions have become more stringent in recent years, most lenders now require borrowers to have initial LTVs of 80 % before qualifying for a second mortgage.

Here's a more detailed look at this important qualifying factor for borrowers.

This specialty program allows borrowers to qualify based on a unique twist; borrowers qualify based on property cash flow, rather than debt - to - income ratio (DTI), which can be more restrictive.

The biggest one is unquestionably the ability of qualified borrowers to purchase with no down payment — and there are plenty more advantages as well.

Mortgage lenders are authorized to offer qualified homeowners informal forbearance up to three months, and can also enter into formal forbearance agreements of more than six months as determined by borrower need.

Ameritech Financial is a document preparation company that provides federal student loan borrowers lower their monthly student loan payments, see if they qualify for forgiveness, and more.

In comparison, the typical FHA borrower had a credit score of 697 in August — meaning more than half of all FHA borrowers would not qualify for the private product.

However, the usual conflict will also arise from this situation: A more conservative standard will mean some borrowers will no longer qualify for an FHA loan refinance.

«The job market remains strong, demographic trends are quite favorable, mortgage credit is becoming more available to qualified borrowers, and home prices should continue to rise.

If you are a qualified borrower who needs a larger unsecured personal loan, say $ 250,000, these firms can make their decisions based more upon the personal situation of the borrower.

Borrowers who wish to qualify for an FHA - insured mortgage after a foreclosure, short sale or bankruptcy in 2014 should refer to Mortgagee Letter 2013 - 26 for more information.

Qualifying borrowers will find their monthly payments set at no more than 15 % of their monthly discretionary income, and will have any remaining loan balance forgiven after 25 years of repayment.

Fortunately for bad credit borrowers, 90 day loans are available in amounts up to $ 2,500 and many borrowers may qualify for more, depending on their verifiable income.

If you're a FFEL borrower, to qualify for this plan you must have had no outstanding balance on a FFEL Program loan as of October 7, 1998, or on the date you obtained a FFEL Program loan after October 7, 1998, and you must have more than $ 30,000 in outstanding FFEL Program loans.

The San Francisco bank, which is Minnesota's largest by deposit market share, said in the letters that borrowers were put into more expensive loans when they could have qualified for cheaper ones.

Because borrowers with great credit are more likely to qualify for a lower rate, Peerform is the better option in this scenario.

To learn more about this, refer to the passage below about well - qualified borrowers.

More importantly, the HUD minimum standards are curious because the FHA loan program is attracting well - qualified borrowers.

A qualified mortgage is one that is free from terms that can prove risky to borrowers, like loans that span more than 30 years or payment structures that allow the borrower to pay less interest than is actually owed (which causes the loan to be more expensive over the long run).

These changes are expected to reduce FHA risk and will likely make it more difficult for some borrowers to qualify for FHA home loans.

More importantly, with the recent tightening of credit, some borrowers may not even qualify under conventional lending guidelines.

Use the Capital Access Advantage to help qualify more borrowers for an affordable WHEDA mortgage.

The big advantage to borrowers of a portfolio loan is that the lender is more likely to use individualized underwriting to determine whether you qualify for refinancing.