Sentences with phrase «mortgages than other types»

Generally, though, it's harder to qualify for a traditional mortgage than other types of commercial real estate loans.

Not exact matches

First - time homebuyers are often surprised that qualifying for a mortgage is much more difficult than qualifying for other types of loans.

The fact that you're a first - time home buyer, by itself, does not make one type of mortgage loan better than other.

Personal loans are much easier to get than other type of loans such as mortgages, typically only using a few credit checks to qualify borrowers.

USDA loans also have lower credit requirements and mortgage insurance rates than the other loan types.

Low rates aren't the main advantage of the VA loan program — that would be the low down payment option — but for now the best VA lenders seem to offer slightly better rates than most other mortgage types.

Because a mortgage has collateral, it has lower interest rates than other types of credit - because it is less risk to the bank.

Second mortgages come at high - interest rates than the first loan but this is still lower than other types of debt.

Reduced Interest Rates: Mortgage rates are generally lower than the interest charged in other types of loans.

Cons: Banks typically have a limited variety of mortgage products and more rigid credit standards than other types of lenders.

Additionally, the VA Home Loan often offers lower interest rates than other types of mortgage financing.

In this respect, a Home Equity Conversion Mortgage (HECM), commonly known as a reverse mortgage, is no different than other types of financing: although the borrower is not required to make any monthly mortgage payments1, reverse mortgage interest rates impact the amount of equity the borrower can access and the interest that will accrue on the loan Mortgage (HECM), commonly known as a reverse mortgage, is no different than other types of financing: although the borrower is not required to make any monthly mortgage payments1, reverse mortgage interest rates impact the amount of equity the borrower can access and the interest that will accrue on the loan mortgage, is no different than other types of financing: although the borrower is not required to make any monthly mortgage payments1, reverse mortgage interest rates impact the amount of equity the borrower can access and the interest that will accrue on the loan mortgage payments1, reverse mortgage interest rates impact the amount of equity the borrower can access and the interest that will accrue on the loan mortgage interest rates impact the amount of equity the borrower can access and the interest that will accrue on the loan balance.

A bad credit mortgage is a high - risk investment, which obviously carries a higher interest rate than other types.

They come with lower mortgage rates than a comparable conventional loan, and their approval standards are more forgiving as compared to other loan types.

In this respect, a Home Equity Conversion Mortgage (HECM), commonly known as a reverse mortgage, is no different than other types -Mortgage (HECM), commonly known as a reverse mortgage, is no different than other types -mortgage, is no different than other types -LSB-...]

Types of homes and why they matter If you're concerned about investing in property or getting a mortgage, some types of homes are better than otTypes of homes and why they matter If you're concerned about investing in property or getting a mortgage, some types of homes are better than ottypes of homes are better than others.

First - time homebuyers are often surprised that qualifying for a mortgage is much more difficult than qualifying for other types of loans.

A commercial mortgage is different than other types of mortgages.

It is sensible to use a second mortgage to consolidate debts because it is generally cheaper than other types of credit.

Interest rates on personal loans can be higher than for other types of loans such as mortgages or federal student loans.

The auto loan market is much more decentralized than other loan types, particularly mortgages and student loans.

Although the costs of getting a VA loan are generally lower than other types of low down payment mortgages, they still carry a «funding fee».

Interest rates on conforming 30 - year fixed - rate mortgages were unchanged at 4.23 percent last week, while average mortgage rates on other types of 30 - year loans MBA track were 0.03 percentage point to 0.04 percentage point higher than the prior week.

Being predictable, the fixed rate mortgages are popular despite the fact that the rate of interest charged for it is always higher than other types of mortgages, such as adjustable rate mortgages.

Lower the Overall Interest Rate: Mortgage interest rates are lower than interest rates for other types of loans.

Reverse mortgages do tend to be more expensive over the long haul than other types of loans, such as a conventional home equity loan or line of credit.

In most instances a new mortgage interest rate is lower than rates on credit cards or other types of loans.

Is there some legal issue with being underwater on a mortgage that would make this scarier than other types of loans?

It is used more than any other type of mortgage product.

While 30 - year mortgages are the dominant loan type in most parts of the United States, the percentage of short - term loans with lower rates is higher in some markets than others.

A cash - out refinance often has a lower interest rate than other types of loans because it's secured by your home and because it's considered a first mortgage.

Among young households whose heads lack at least a bachelor's degree, student debtors are more likely than those without student debt to owe on vehicle loans, credit card debt and other types of debt and are just as likely to have a mortgage and other installment debt.

Not surprisingly, a higher percentage of respondents reported having mortgage debt than any other type of debt.

Because interest rates for mortgages are lower than interest rates for nearly any other type of loan, you might save money by borrowing against your home instead of accessing other, more expensive credit products (like an auto loan or a personal loan).

Amid losses from the subprime mortgage industry's collapse, issuers have been more generous with certain types of cardholders than others.

In most cases, mortgage life insurance is more expensive than other types of policies for the amount of coverage you get.

The reverse mortgage is just a loan like any other type of mortgage but with the extra ability to defer the interest charges rather than making mandatory monthly repayments.

In addition, home loan performance remains higher than for other types of consumer lending, and well above mortgage performance throughout the 1980s and 1990s.

FHA mortgage rates are typically below - market and more home buyers qualify for FHA loans than any other mortgage loan type available.

Home buyers with an imperfect credit history can qualify for an FHA loan more easily than for other types of mortgages.

VA mortgage rates are lower than rates for other loan types, too.

Interest rates on FHA mortgages tend to be higher than other loan types because most FHA loans are taken out by riskier borrowers.

Originally, the Fed wanted to require banks to hold more capital in reserve for most of the residential mortgages they make, which would have made these loans far less attractive to banks than other types of products.

In this respect, a Home Equity Conversion Mortgage (HECM), commonly known as a reverse mortgage, is no different than other types of financing: although the borrower is not required to make any monthly mortgage payments1, reverse mortgage interest rates will impact the amount of equity the borrower can access and the interest that will accrue on the loan Mortgage (HECM), commonly known as a reverse mortgage, is no different than other types of financing: although the borrower is not required to make any monthly mortgage payments1, reverse mortgage interest rates will impact the amount of equity the borrower can access and the interest that will accrue on the loan mortgage, is no different than other types of financing: although the borrower is not required to make any monthly mortgage payments1, reverse mortgage interest rates will impact the amount of equity the borrower can access and the interest that will accrue on the loan mortgage payments1, reverse mortgage interest rates will impact the amount of equity the borrower can access and the interest that will accrue on the loan mortgage interest rates will impact the amount of equity the borrower can access and the interest that will accrue on the loan balance.