Sentences with phrase «most lenders tend»

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.

Not exact matches

While the interest rates it advertises online tend to be lower than most banks or direct lenders, a quick look at the underlying assumptions shows that these rates are the result of factoring in mortgage discount points, which must be paid for upfront as an extra item in your mortgage closing costs.

Although it's true that some lenders tend to weight the value of your personal score higher than others (banks and other traditional lenders fall into this category) when they evaluate your business loan application, most lenders include a review of your personal credit score when they evaluate your business» creditworthiness.

Good credit scores generally tend to be at 700 or above, and most lenders require you to have a score in this range or above it.

Most borrowers fail to notice the «other charges» that lenders tend to bury in the fine print.

Most lenders shy away from using the agency that tends to grade highest in any specific geography.

Most private lenders tend to only lend in small geographic areas such as Etobicoke.

Most private mortgage lenders in Burlington tend to only lend in small geographic areas.

Most private mortgage lenders in Unionville tend to only lend in small geographic areas.

After being frustrated by most banks, people tend to run to payday lenders for a quick fix.

In recent years, predatory lenders have targeted this segment of the population, as they tend to be the most vulnerable or desperate for credit.

Most consumers tend to focus on FICO 8, because it is most widely used by today's lendMost consumers tend to focus on FICO 8, because it is most widely used by today's lendmost widely used by today's lenders.

Online lenders are more open to the possibility, and tend to offer check - free financing on most of their loan products.

While many factors can affect the amount of interest charged by lenders, these two factors tend to weigh the most.

Although it's true that some lenders tend to weight the value of your personal score higher than others (banks and other traditional lenders fall into this category) when they evaluate your business loan application, most lenders include a review of your personal credit score when they evaluate your business» creditworthiness.

While the interest rates it advertises online tend to be lower than most banks or direct lenders, a quick look at the underlying assumptions shows that these rates are the result of factoring in mortgage discount points, which must be paid for upfront as an extra item in your mortgage closing costs.

• Unlike in the U.S., underwriting standards for qualifying mortgage borrowers in Canada have been maintained at prudent levels resulting in mortgage borrowers here being much more creditworthy; • Canadian mortgage lenders never offered low initial «teaser» rate mortgages that led to most of the difficulties for mortgage borrowers in the U.S.; • Most mortgages in Canada are held by their original lender, not packaged and sold to third parties as is typical in the U.S., and consequently, Canadian mortgage lenders have a vested interest in ensuring that their mortgage borrowers are creditworthy and not likely to default; • Only 0.3 % of Canadian mortgages are in arrears versus 4.5 % in the U.S. and what even before the start of the U.S. housing meltdown two years ago was 2 %; • Canadians tend to pay down their mortgage faster than in the U.S. where mortgage interest is deductible from taxes, which encourages U.S. homeowners to take equity out of their homes to finance other spending, a difference that is reflected in the fact that in Canada mortgage debt accounts for just over 30 % of the value of homes, compared with 55 % in the most of the difficulties for mortgage borrowers in the U.S.; • Most mortgages in Canada are held by their original lender, not packaged and sold to third parties as is typical in the U.S., and consequently, Canadian mortgage lenders have a vested interest in ensuring that their mortgage borrowers are creditworthy and not likely to default; • Only 0.3 % of Canadian mortgages are in arrears versus 4.5 % in the U.S. and what even before the start of the U.S. housing meltdown two years ago was 2 %; • Canadians tend to pay down their mortgage faster than in the U.S. where mortgage interest is deductible from taxes, which encourages U.S. homeowners to take equity out of their homes to finance other spending, a difference that is reflected in the fact that in Canada mortgage debt accounts for just over 30 % of the value of homes, compared with 55 % in the Most mortgages in Canada are held by their original lender, not packaged and sold to third parties as is typical in the U.S., and consequently, Canadian mortgage lenders have a vested interest in ensuring that their mortgage borrowers are creditworthy and not likely to default; • Only 0.3 % of Canadian mortgages are in arrears versus 4.5 % in the U.S. and what even before the start of the U.S. housing meltdown two years ago was 2 %; • Canadians tend to pay down their mortgage faster than in the U.S. where mortgage interest is deductible from taxes, which encourages U.S. homeowners to take equity out of their homes to finance other spending, a difference that is reflected in the fact that in Canada mortgage debt accounts for just over 30 % of the value of homes, compared with 55 % in the U.S.

Most of the big lenders tend to base their penalties on posted rates as this can often result in inflated charges.

Commercial loan repayment terms tend to max out at seven years for most loans with interest rates that will also vary depending upon the lender, your credit profile, and the amount borrower.

Typically, a bank will stick to one main index for the bulk of their products, with the lender I used to work for and many others opting for the LIBOR, as it tends to be the most accurate and up - to - date mortgage index available.

Most private mortgage lenders in Windsor tend to only lend in small geographic areas.

Most private mortgage lenders in Port Hope tend to only lend in small geographic areas.

Construction and absorption tend to be closely linked with each other at this point in the recovery because of the challenges of financing new office developments: most projects still need a significant amount of pre-leasing before lenders will commit.

Within tertiary markets, lenders tend to be most comfortable with apartment and retail properties.

While many factors can affect the amount of interest charged by lenders, these two factors tend to weigh the most.