Sentences with phrase «normal monthly loan payment»

For individuals who find it difficult to make the normal monthly loan payment, a loan consolidation can make it possible to access repayment options that are more favorable to their current financial circumstances.

Not exact matches

If your lender has denied you for a loan modification and you have the ability to make your full, normal monthly payment, you may qualify for refunding.

Lenders these days are more likely to rely on the debt - service - to - income ratio, which is the ratio of the normal monthly payments on the borrower's loans to the borrower's gross monthly income.

In special situations, you can request a postponement of monthly student loan payments even if you don't qualify under the normal terms.

Since you do not make monthly mortgage payments on a reverse mortgage like you do on a normal, forward mortgage, people make the incorrect assumption that after the borrower dies, their heirs will have to pay back the value of the loan and all interest accrued.