Sentences with phrase «number of variables borrowers»

A mortgage loan approval process takes into consideration a large number of variables borrowers could not possibly imagine or know before applying for a loan.

Not exact matches

Note: Mortgage interest rates vary due to a number of variables, including the borrower's credit history and type of loan being used.

This should include the following information: o The interest rate to be charged and whether the rate is fixed, variable or both; o Interest accrues from the time monies are advanced to the borrower and the interest is compounded; o All reverse mortgage fees and costs that must be paid by the borrower; o A description of any refinancing features that have been discussed with the borrower; o Any events that could terminate the reverse mortgage such as death or moving from the residence; o A description of any shared appreciation or equity participation features; and o A toll - free telephone number and the name of a contact person who can answer any questions, comments or complaints that the borrower may have.

SoFi offers borrowers a number of great options for both variable and fixed interest rate loans.

LendEDU allows borrowers to compare a number of lenders, providing information such as rates, whether the rates are variable or fixed, terms, loan types, and ranking.

Note: Mortgage interest rates vary due to a number of variables, including the borrower's credit history and type of loan being used.

To meet the varying needs of borrowers, the mortgage industry has developed a number of different types of home loans that offer fixed - and variable interest rates.