Sentences with phrase «new loan in the first place»

So this teaching presuppose that all borrowers must be able to prove their income and assets to qualify for a new loan in the first place.

Not exact matches

In announcing the first official action of his Student Protection Unit, New York Governor Andrew M. Cuomo said, «The rising tide of student loan debt has made it more important than ever that we put in place strong consumer protections for New York's students.&raquIn announcing the first official action of his Student Protection Unit, New York Governor Andrew M. Cuomo said, «The rising tide of student loan debt has made it more important than ever that we put in place strong consumer protections for New York's students.&raquin place strong consumer protections for New York's students.»

If your home has appreciated and your loan balance has declined, and market conditions are favorable for refinancing, you could simply get a new mortgage that doesn't require PMI in the first place.

Before jumping into a decision, it's important to understand why you'd want to take out a new home loan in the first place — and then figure out whether it makes sense in your particular circumstances.

Also called an all - inclusive mortgage, it is where a new home loan is placed in a subordinate or secondary position to the original mortgage and the new loan includes the unpaid balance of the first.