Sentences with phrase «of loan you are seeking»

The lender will consider the size of loan you are seeking against the estimated value of the property once the home is built.

What this basically means is the bank or lender will look at your total monthly debt and your gross monthly income, and determine if, on paper, you can afford the terms of the loan you are seeking.

The application is simple and will ask for the typical information such as name, address, education, social security number, bank account information and the amount of the loan being sought.

Interest on reverse mortgage loans depend on several factors: the bank you're using, the current market and the type of loan you're seeking: fixed - rate or adjustable.

In fact, there are literally dozens of FICO scores, depending on what type of loan you're seeking, who is inquiring, and which rating agency is providing the score.

While the nitty - gritty of borrowing (and lending) may vary depending on the type of loan you're seeking (student loan, car loan, mortgage, etc.), the general principles can be applied across the board.

Keep in mind that different state regulations require different documentation, so, depending on your state and the type of loan you are seeking, you may occasionally need to send in additional paperwork.

Regardless of the type of loan you're seeking, you'll typically need to meet a lender's minimum credit score in order to secure home financing.

The duration will depend on the type of loan you are seeking and from which lender you borrow the money.

This will depend on the type of loan you're seeking.

You may need all or parts of that list, depending on the size of loan you're seeking.

The borrower's savings might vary based on the interest rates, balances and remaining repayment term of the loans they are seeking to refinance.

Your credit score, the type of loan you're seeking, the lender you're talking with and other factors can all play a role in what rate you get quoted.

With either process, their lender should give them a letter (on company letterhead) verifying how much they are qualified to purchase and what kind of loan they are seeking.

Regardless of the type of loan you're seeking, you'll typically need to meet a lender's minimum credit score in order to secure home financing.

Once you find the right one, the terms of the sale will be negotiated, including the price and potentially the terms of the loan being sought.

Not exact matches

The big question now is whether the borrowers turned away by traditional lenders because of the stricter rules will just abandon or delay their home - buying dreams, or seek out more expensive loans issued by the private lenders that are neither regulated nor required to carry mortgage insurance.

She added, «This is problematic as over half of small businesses survey are seeking loans of under $ 100,000, leaving a critical gap in the small business loan market.»

If you've determined that extra funds can take you to the next level, make sure you can afford the loan you're seeking for the life of the loan.

Deciding upon the type of loan you wish to seek is very important.

Use these resources, which are often free, to gain insight on topics such as when to expand, when to seek credit and the types of loans available to small businesses.

For example, people seeking mortgages visit LendingTree.com, where they're guided through a series of around 20 prompts calling for such information as credit scores, the loan amount requested, and the proposed percentage down payment.

The line of credit is one of the most sought after (if not the most) loan product available to business owners.

The Low Documentation Loan (LowDoc) Program is a simplified version of the 7 (a) loan for businesses with strong credit histories seeking less than $ 150,Loan (LowDoc) Program is a simplified version of the 7 (a) loan for businesses with strong credit histories seeking less than $ 150,loan for businesses with strong credit histories seeking less than $ 150,000.

Collectively, those brands were responsible for nearly a quarter of all charge offs among loan - seeking franchises, amounting to $ 121 million in losses for the SBA.

A 2014 report from the New American Foundation estimated that 40 % of loan debt was held by the 14 % of students seeking graduate degrees and the College Board found that graduate students borrow an average of nearly three times more per year than undergraduates.

The business model behind Canada Drives is relatively simple: Customers, many of whom have less - than - perfect credit, come to the site seeking an auto loan.

I would be seeking a loan in the amount of $ 700,000.00 for 5 years.

One of the main reasons for creating the quasi-independent agency was to protect consumers in the financial sector, particularly those consumers seeking mortgages, student loans, and credit cards.

It's especially important for those seeking funding and is a key component of the SBA loan application.

Other considerations that have historically been important would persist independent of our various concerns about profit margins, Fed - induced yield - seeking, covenant - lite leveraged loan issuance, equity margin debt, economic deceleration, and so forth.

Credit Strategies (ACP) is a closed end fund that seeks a high level of current income with capital appreciation through investing in a portfolio of senior loans.

Ever since I paid off my $ 38,000 worth of student loans last year, I have received many e-mails from parents who are interested in seeking help for their children.

Government - backed FHA mortgages, which have a 3.5 % minimum down payment, can be a more affordable option for those seeking a smaller up - front cost — though, as mentioned above, all FHA borrowers must pay monthly insurance costs for the life of the loan.

What's more, depending upon where you apply for a small business loan, the application process can take anywhere from a coupe of weeks to a few minutes — which can have a big impact on your business objectives, depending upon the reason your business is seeking a loan.

When you go to a lender seeking a home loan, they are going to look at your front and back - end ratios, your credit history, your assets, and how large of a down payment you have available.

These loans are similar to loans you would get from a bank if you were seeking a personal line of credit.

As you can see in the chart below, one of the portfolio's strengths is the freedom it has to go beyond traditional sources of income and pursue nontraditional income sources — such as ETF exposure to bank loans, preferred stock, and emerging market debt — in order to seek yield.

Aberdeen Income Credit Strategies (ACP) is a closed end fund that seeks a high level of current income with capital appreciation through investing in a portfolio of senior loans.

Subject to the terms and conditions of the Terms, we grant you a limited, non-transferable, non-sublicenseable, non-exclusive, revocable license to use the Website and the Content for persons who seek to enter into or have entered into loans, seek to or have become investors / lenders or any person interested in learning more about Credibility Capital, its products and services, until such time as the Terms terminate or expire or your right to use or access the Website is terminated in accordance with the Terms.

They automate the loan underwriting, data management and risk assessment processes and provide a platform where accredited and institutional investors seeking high - yield, short - term, asset - collateralized investments can be matched with borrowers seeking more timely and consistent sources of funding for rehabbing properties across America.

Savings and loan associations, earlier the main source of private mortgage loans, could no longer meet the demand; they had sought quick profits in commercial real estate after a 1980 deregulation allowed them to diversify and were crushed by the bursting of the speculative bubble that followed.

And if you are I need of a quick cash, you may want to seek other options in getting a loan.

If you have at least $ 100,000 in revenue, OnDeck, with loans up to $ 500,000, is better suited for more mature businesses seeking larger amounts of financing.

I am writing to you because I am seeking the release of my co-signer on my loan.

In 2013, the bulk of mortgage loan applications were coming from homeowners seeking to refinance at lower rates.

There is no limit to what type of business can seek funding, so this is a source of funding that it doesn't hurt to test before you go seek a traditional loan.

The partners, CNCP of China and France's Total, have so far invested about US$ 10 billion and Novatek is reported to be seeking loans from both Russian and Chinese banks.

Now, owners of second homes are seeking a refinance to lower their rate, eliminate mortgage insurance, shorten their loan term, or get cash out.

P2P has earned government support in the UK, as the Department for Innovation Business and Skills pledged to provide 20 % of the cash that many loan applicants were seeking, via its Business Finance Partnership scheme.