Sentences with phrase «not meet its payment obligations»

Not exact matches

You don't want to find yourself living month to month with barely enough income to meet all your obligations: mortgage payments, utilities, groceries, debt payments — you name it.

If you really can not afford the payment on a particular month, instead of paying late or missing a payment, you should take a small unsecured loan that is processed really fast and use the money for meeting your obligations and buying some time to recover from your lack of cash problem.

You could lose your home, and all money you have invested in it, if you do not meet your obligations under the loan, including making all your payments.

Reverse mortgages do not require monthly payments and do not become due until the last borrower no longer occupies the home as their primary residence or fails to meet the loan obligations.5 Retirees may be able to improve their monthly cash flow and live a more comfortable lifestyle, by using a reverse mortgage to pay off their home or simply access their home equity to supplement their retirement income.

Reverse mortgages are attractive to cash strapped seniors that normally wouldn't be able to meet the monthly payment obligations of a first or second mortgage, or a home equity line of credit (HELOC).

The loan obligations require the borrower to pay for their own homeowners» insurance, property taxes, and maintain their home in accordance with guidelines mandated by the Department of Housing and Urban Development.1 As long as these terms are met; monthly mortgage payments are not required.

You do not meet the borrower obligations of maintaining payment of property taxes, homeowners insurance, homeowner's association fees, and basic home repairs or you fail to comply with other loan terms.

A person is insolvent if either they are unable to meet financial obligations as they become due (they can't make their monthly payments) or their debts are greater than what they own.

It is critical... that borrowers who pursue rehabilitation understand that it can only be successfully completed once and, as such, may not be the most suitable option for borrowers who may not be able to continue to meet their monthly payment obligations once they return to current status.

If you are struggling to meet your existing obligations, it might not be the best time to add the additional housing payment associated with an investment property.

If you use our Small Business Super Clearing House (SBSCH), your super obligations are met on the date the SBSCH accepts them (so long as the super fund doesn't reject the payments).

Many factors affect the value, or price, of a particular bond, but the two big influences are 1) future inflation expectations (as reflected in general interest rates) and 2) the risk of Corp A «defaulting» — not meeting its obligation to make each year the $ 50 interest payment and, eventually, repaying the $ 1,000 bond principal.

If you are in financial distress, and can not meet your debt obligations temporarily; but has a regular income, to possibly pay your loans under a more lenient payment plan; then, Chapter 13 of the United States Bankruptcy Code, codified under Title 11 of the United States Code is ideal for you to pursue.

The mortgage gives the lender the right to collect payment on a loan and to foreclose if the loan obligations are not met.

Students who participate in TSEIP and meet all the eligibility requirements but do not have outstanding loan obligations will receive a cash payment after five years of teaching.

Credit card companies want assurance that you do not possess too much debt, which might prevent you from meeting monthly payment obligations.

The trouble with this, as far as the banks are concerned, is you haven't proven yourself capable of actually meeting your payment obligations.

If you find you will not be able to meet your obligation on or before your monthly payment due date, please contact us.

Reverse mortgages do not require monthly payments and do not become due until the last borrower no longer occupies the home as their primary residence or fails to meet the loan obligations.5 Retirees may be able to improve their monthly cash flow and live a more comfortable lifestyle, by using a reverse mortgage to pay off their home or simply access their home equity to supplement their retirement income.