Sentences with phrase «of a given loan»

Credit scores matter to lenders because they give a quick estimate for the risk of a given loan.

Fixed rates are fixed for the full term of any given loan.

The gradual repayment of a financial obligation on an installment basis such that at the end of the given loan term, a specified balance is paid.

At the same time, a lender has no obligation of giving you a loan that they have pre-approved you.

A credit card is a means of making a transaction, it is not a means of giving yourself a loan.

All of the companies are listed in the inquiry section because they really did gain access to your credit data for the purpose of giving you a loan.

Credit scores matter to lenders because they give a quick estimate for the risk of a given loan.

Bankers view you as a high risk customer and will be wary of giving you a loan if you have a history of making late payments.

Each company has a fractional loan system that allows multiple investors to fund just a small portion of a given loan.

Mortgages as a concept are neither good nor bad - the nature of any given loan depends on the details.

However, APR as a value does not take into account the effect of compounding interest, which results in higher interest rates that vary according to the particular compounding schedule of a given loan.

The APR includes the interest rate of a given loan and an origination fee expressed as a percentage.

This would make a lender leery of giving you a loan or mortgage because the question is would you be able to make the loan or mortgage payments if you owed the full amount on all of your credit cards?

• First of all, familiarity with finance and the banking system • Knowledge of the process of giving a loan • Do you know how to handle a client?

The lender's perspective was this: «We can not determine how well you've repaid your debts in the past, so we can not measure the risk of giving you a loan.

The total scorecard allows the FHA to better assess and manage the risk of a given loan.

Mortgage insurance lowers a lender's risk of giving a loan to borrowers with a low down payment.