Sentences with phrase «obtain loans or lines of credit»

Not exact matches

This can be pivotal for your small business obtaining a business loan or line of credit down the road.

As a CPA I can attest that there are certainly situations where taking a loan, obtaining a line of credit, or accessing other forms of debt can help you and your business grow.

Excel Capital Management is an industry - leader in providing unsecured business loans, lines of credit and other financial products that are hard to obtain or unavailable through traditional lending channels.

Nevertheless, interest rates still form a major element you need to watch out for when you want to obtain a loan, line of credit or credit card.

Thus, when you contact the lender you will find out that you do not qualify and that you need to agree to other loan, line of credit or credit card with different conditions if you want to obtain finance.

And the equity you've build on your home since the mortgage loan was agreed, can be used to obtain further finance in the form of a home equity loan or line of credit.

For those who don't want to put their home on the market or deal with the hassle of obtaining an equity loan or equity line of credit, a reverse mortgage is a great alternative.

Information we obtain to verify representations made to us by you — such as your creditors, outstanding loans, or open lines of credit with others; and,

If you have property in Texas, a home equity loan or home equity line of credit (HELOC) can be an economical way to obtain a low - rate loan.

Financial professionals at Western Federal Credit Union note that homeowners may be able to obtain a home equity loan or line of credit to pay off past - due personal loans; home equity credit typically has significantly lower interest rates and may cost less to Credit Union note that homeowners may be able to obtain a home equity loan or line of credit to pay off past - due personal loans; home equity credit typically has significantly lower interest rates and may cost less to credit to pay off past - due personal loans; home equity credit typically has significantly lower interest rates and may cost less to credit typically has significantly lower interest rates and may cost less to repay.

A home equity loan is a loan or line of credit that allows you to use your home or property as collateral to obtain relatively low interest rates, similar to a mortgage loan.

Your credit score affects your ability to obtain future lines of credit, and it factors into the interest rate you pay for loans, a mortgage, or even whether or not a landlord will approve you as a tenant.

In other words, the loan or line of credit doesn't have to be obtained to buy, build, or improve your residence.

Enrollment in a consumer credit counseling service on a credit report can make it more difficult to obtain a loan or even an unsecured line of credit, such as a new credit card, for some time thereafter.

A personal bankruptcy is one of the most negative black marks which can appear on a credit report making it next to impossible to qualify for a mortgage, receive approval for an auto loan, or successfully obtaining any other lines of credit.

On the other hand, obtaining a home equity loan (or home equity line of credit or second mortgage) requires that you have sufficient income to cover the debt - plus, you must continue to make monthly principal and interest mortgage payments.

A home equity loan or line of credit allows you to obtain a lower interest rate and a higher credit limit by using the equity you've built in your home as security.

The article goes on to quote Bernank as saying, «Even households with good credit histories are now facing difficulties obtaining mortgage loans or home equity lines of credit.»

You may be familiar with income, debt load, and credit rating factors, since the process of obtaining your home equity loan or line is similar (though less rigorous) to getting your first mortgage.

Depending on the amount of equity, you can eliminate your monthly mortgage statement, obtain a line of credit, receive a monthly payment from the reverse loan, or receive a large payment up - front.

Fees for taking loans are nominal as opposed to the considerable closing costs that can accrue from obtaining mortgages and equity lines of credit or other bank funded loans.

If you don't have excess cash, consider obtaining a home equity loan or a line of credit prior to the auction - or maybe a cash advance from a credit card would be enough to pay for the property.

We have been processing online mortgage requests since 1998 and have assisted thousands of consumers achieve their goals; whether it be obtaining a loan for a first time buyer home purchase, saving money by refinancing or getting some extra cash with a home equity loan or line of credit.

If you go more than 30 days, it can damage your credit score, making it difficult to obtain other lines of credit for a car loan or mortgage.

Obtaining a business loan or having several significant lines of credit can be vital in helping to maintain and grow your business.

In today's era of «convenience transactions», in which credit cards, lines of credit and loans can be obtained on - line or over the phone, there has been an explosion of «identity theft», in which a fraudster pretends to be a real person and obtains credit.

Examples of such expenses include the cost of obtaining credit reports, the cost of reapplying for loans or other lines of credit, and various other related fees.

When obtaining a home loan lenders are looking for at least a 620 credit score and three lines of credit that have been held for 12 months or more.