Sentences with phrase «often borrow against»

Over time you gradually accumulate what lenders call «equity,» an ownership interest in the property that you can often borrow against or convert into cash by selling the house.

You can also often borrow against the investment portion and use the funds as you wish, or you can direct the insurance company to use the money in the investment account to pay premiums.

If you want to get access to these funds, you can often borrow against the cash value, or surrender your insurance policy.

Not exact matches

You can borrow against this equity — lenders often loan up to 75 or 80 percent of a property's appraised value.

You can borrow money against your retirement account under some circumstances, but financial advisers say such borrowers often struggle to get back up to speed on their retirement savings — in other words, their past over-saving leads to future under - saving.

A LOC is fundamentally a credit limit a business can borrow against whenever they need it, repay, and use again — often for a specified term.

This provides a unique angle to real estate investing, which often uses leverage, whereby a buyer borrows against most of a property's value to gain income from the property, even though the buyer only put part of the money into the property.

As milk prices have been forced down, many farmers have had to borrow against the equity of their farms, but often without sufficient income to meet their repayment obligations.

Like a credit card, you'll be able to borrow money against your line as often as needed as long as you don't exceed the limit on the line of credit you've been granted.

I often hear people warning seniors that borrowing against your home equity reduces the estate left to your kids.

As home values plummeted, fewer homeowners took cash out when refinancing simply because they often didn't have enough home equity to borrow against.

Nine per cent borrow against their income — often pension income — by resorting to payday loans.

But borrowing against your home often involves some of the same fees you pay when getting a first mortgage, such as for an appraisal, so determine what these will amount to when figuring out the savings.

The loan itself will typically be unsecured if you are borrowing less than # 5,000 or secured against your home if you want to borrow a larger amount (this is why you should always speak to your mortgage company about remortgaging first, as it is often a cheaper alternative).

A LOC is fundamentally a credit limit a business can borrow against whenever they need it, repay, and use again — often for a specified term.

I've often said that observed economic relationships stop working when people start relying on them, or, start borrowing against them.

This is also beneficial for you as more often than not, borrowing secured against an asset, such as your home, has a lower rate of interest than unsecured loans and credit cards.

For that reason, many homeowners opt for home equity lines of credit that allow them to borrow against the equity in their homes, often using a cash card.

It also builds guaranteed cash value, * which you can borrow against (like a loan), often tax free, to help pay for college, retire a mortgage, cover unforeseen emergencies, or even fund your retirement.

I often equate this to borrowing against the equity in a piece of real estate, except that it is much quicker to get a policy loan AND you continue to receive dividends.

If a permanent life insurance policy doesn't make sense for your personal financial situation, don't be tempted by promises of growth in the future or the ability to borrow against the value — often, other types of investments are smarter in the long run.

With a secured loan, the lender will insist on some sort of security against the money you borrow, often a house or car.

On such an afternoon some score of members of the High Court of Chancery bar ought to be... engaged in one of the ten thousand stages of an endless cause, tripping one another up on slippery precedents, groping knee - deep in technicalities, running their goat - hair and horse - hair warded heads against walls of words and making a pretence of equity with serious faces, as players might... between the registrar's red table and the silk gowns, with bills, cross-bills, answers, rejoinders, injunctions, affidavits, issues, references to masters, masters» reports, mountains of costly nonsense, piled before them... This is the Court of Chancery, which has its decaying houses and its blighted lands in every shire, which has its worn - out lunatic in every madhouse and its dead in every churchyard, which has its ruined suitor with his slipshod heels and threadbare dress borrowing and begging through the round of every man's acquaintance, which gives to monied might the means abundantly of wearying out the right, which so exhausts finances, patience, courage, hope, so overthrows the brain and breaks the heart, that there is not an honourable man among its practitioners who would not give — who does not often give — the warning, «Suffer any wrong that can be done you rather than come here!

It also builds guaranteed cash value, * which you can borrow against (like a loan), often tax free, to help pay for college, retire a mortgage, cover unforeseen emergencies, or even fund your retirement.

Whole insurance is often sold as an investment because it has a cash value and you can draw out of it or borrow against the amount when you are still alive.

The cash accumulation is often used as a complement to your retirement plan and has the added advantage that you can borrow against a portion of the amount which you accumulate.

Insurers do often require the cash value of an insurance policy to reach a certain level before you can borrow against it, commonly this will take around 10 - 15 years.

Yes you can borrow against a UL policy, but you'll often need to repay a hefty interest rate, risk losing the policy, or have a reduced death benefit.

Value - accumulating whole life or universal insurance is often offered as death benefit protection with a cash value component that you can borrow against or eventually cash in by surrendering the policy.

Often, the premiums do not change over the course of the policy and it builds an investment portion that you can withdraw or borrow against in later years.

We do require strong collateral (the property you're borrowing against), however we can often cross-collateralize a second property of yours to meet equity requirements.