Sentences with phrase «one's eligibility for a loan»

Discrimination based on simple marital status is federally prohibited when it comes to various forms of credit, though facts about a spouse can be used in determining eligibility for a loan.

Also, you could lose some of the benefits offered by the original loan such as eligibility for loan forgiveness programs and interest rate discounts.

The regulations state that as a condition of eligibility for loan modification, the borrower must have acceptable income, expenses, assets and credit history.

However, there are different types of lenders that allow consumers who have endured financial hardships eligibility for some loan programs.

Final eligibility for a loan isn't decided until later, so it's best that buyers sit tight until closing day.

The calculations of eligibility for Loan amount are most favourable to loan amount as per customer requirement.

Loan approval is subject to overall availability of funds and individual eligibility for the Loan Program.

A required part of any private student loan application where the borrower must list their cost of attendance and all other financial aid awarded to confirm eligibility for their loan.

Banks and credit unions will determine eligibility for loans and interest rates based on the applicant's credit score.

If your school falsely certified eligibility for a loan, you may qualify if you received your loan on or after January 1, 1986.

You could forget to file a particular form, check a wrong box on the application and forget to recertify on time one year — and bam, you get kicked out of the plan, lose eligibility for loan forgiveness and can even get your wages garnished.

The act of refinancing would also eliminate eligibility for loan forgiveness and IDR enrollment.

The presence of a short sale or foreclosure does not preclude eligibility for a loan, as long as the borrower is up to date on their payment, there is no waiting process to purchase a home following a short sale.

One such tool is a pre-qualification application that will determine eligibility for a loan after just a few minutes of entering information.

A pre-approval letter can help buyers gauge how much they can afford, but the final eligibility for a loan doesn't occur prior to closing.

There is also no minimum age qualification, but eligibility for this loan requires that you have suitable credit, adequate income, and a valid Certificate of Eligibility (COE) verifying that you meet the requirements for a VA loan.

Stepparent's also qualify as a parent in the case of eligibility for the loan.

Eligibility for these loans remains unaffected even with defaults, arrears, insolvency, skipped and deferred payments.

This will help you determine your eligibility for the loan.

Lenders take into account a number of factors when evaluating your eligibility for a loan.

Eligibility for a loan is not guaranteed.

Supplemental education loan lenders carefully review an applicant's credit history to determine their eligibility for a loan.

As for why this happens, experts surmise it's because some lenders have outdated notions of women in the workplace, presuming most will bail or scale back on their jobs once kids enter the picture, permanently reducing the family's income and eligibility for a loan.

Once the inspection is complete, a loan officer will determine your eligibility for a loan by reviewing any insurance payments or other financial assistance.

They use a soft credit inquiry to check your eligibility for a loan while not affecting your credit score; once you've been approved, you'll be offered a loan package.

Your eligibility for loan deferment, forbearance and forgiveness will also be restored.

This is essential information which some creditors use as only evaluation of your eligibility for a loan.

Lenders take into account a number of factors when evaluating your eligibility for a loan.

This may impact your eligibility for a loan and the rate you are actually offered.

The reason why credit score is important is that it will determine your eligibility for the loan (a low credit score will conspire against approval) and it will also settle the interest rate you will have to pay for the money you borrow.

In a January 2017 letter to Senator Angus King, the Department confirmed that it would also match data from Veterans Affairs with the Department's records and then notify individual veterans about their eligibility for loan discharge.

No, but you may qualify for a school - related discharge if the school closed while you were there or if the school falsely certified your eligibility for a loan.

The majority of lenders have an online application process, during which many perform a soft credit pull to determine your eligibility for a loan.

The simple answer is: the most important credit score is the credit score being used by the financial institution to which YOU will be applying for a loan to determine your eligibility for the loan.

If a school falsely certifies your eligibility for a loan (there are a variety of ways to do this), you can also apply for discharge.

Specifically, CBO projects that about 30 percent of students who would borrow through subsidized loans under current law would lose their eligibility for those loans — and would instead borrow almost as much through unsubsidized loans.

Again, each one of those lenders used my FICO score to determine my eligibility for the loan, as well as my interest rate and loan terms.

It would also require servicers to make borrowers aware of their eligibility for loan forgiveness.

Generally, to determine your eligibility for a loan, lenders will look at your employment, income, credit history, and checking account information.

Here comes the tricky part, most of these lenders are banks or credit unions who are most likely than not going to rely on your credit rating to weigh your eligibility for the loan.

People whose school falsely certified their eligibility for loans (this also includes victims of identity theft).

It shows them that a lender actually evaluated your financial documents and determined your eligibility for a loan.

Eligibility for a loan is not guaranteed.