Sentences with phrase «new loan product»

According to D. Steve Boland, managing director for consumer lending at Bank of America, the company's new loan product gives eligible borrowers a much - needed alternative to the Federal Housing Administration's program:
In order to satisfy the demand for quick loans, launch new loan products and scale - up quickly, online lenders need a completely configurable auto - decisioning engine for origination and underwriting, not a manual, labor intensive and long origination process.
So they relaxed their qualification criteria and created new loan products for under - qualified borrowers.
According to D. Steve Boland, managing director for consumer lending at Bank of America, the company's new loan product gives eligible borrowers a much - needed alternative to the Federal Housing Administration's program:
In its letter, SoFi did not directly address charges in The Times report that it mislead investors in 2012 about a new loan product.
According to The Times, the company told investors that it had received $ 90 million in debt financing to fund the new loan product when it actually hadn't secured that financing.
In the early 1980's, a new loan product called a reverse mortgage was approved to be insured by the Federal Housing Administration (FHA).
Also ask your loan officer for more information on new loan products that may have just been released.
Applying for a new loan product will likely result in a hard credit pull, and you may end up either getting declined or left with a high - interest loan.
Fresh Start Loans are provided by non traditional financial institutions that have found a special niche for a new loan product.
Convertible Adjustable Rate Mortgages (ARMs) are another new loan product on today's market.
[4:45] Have you mastered a new loan product in the last 6 months, or taken the time to read and know the end - to - end guidelines from one of your investors?
Floating rate loan buoyancy This year, GE Capital introduced a new loan product called a float - to - fix.
According to D. Steve Boland, managing director for consumer lending at Bank of America, the company's new loan product gives eligible borrowers a much - needed alternative to the Federal Housing Administration's program:
Change began to happen in the early 1960's, and the idea of a new loan product began to emerge that would that satisfy these needs like never before.
In the early 1980's, a new loan product called a reverse mortgage was approved to be insured by the Federal Housing Administration (FHA).
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