Sentences with phrase «original loan bank»

I was told that their GAP company only cuts checks once per month and that Chrysler only sends warranty checks to the original loan bank or the buyer??? I had refinanced with a different bank to get a better rate.

I was told that their GAP company only cuts checks once per month and that Chrysler only sends warranty checks to the original loan bank or the buyer — I had refinanced with a different bank to get a better rate.

Not exact matches

The group of banks participating in the term loan A has been expanded from the original eight underwriters to 25, with more expected to join before the syndication is completed in the next week, the people said.

The devastating LDC debt crisis of the 1980s, which began in August 1982 when the Mexican government announced that it was unable to service its obligations to foreign banks, ended only in 1990, when these loans were exchanged for a nominal amount of Brady bonds equal to only 65 % of the original notional amount of outstanding loans.

Because the homeowners only owes the original amount to the bank, the «extra» amount is paid as cash at closing, or, in the case of a debt consolidation refinance, directed to creditors such as credit card companies and student loan administrators.

It has original owner bank documents with loan details, pictures of the original owner in the early»70s, judging sheets from multiple NCRS shows, Bloomington Gold certification and restoration receipts.

Your refinanced loan may be with the same bank or mortgage lender that the broker connected you with when the original mortgage loan was taken out, or they may be able to find you a better deal elsewhere without you having to do all of the legwork of checking all of the lenders that the broker has access to.

Banks typically charge between.5 and 2 % for an origination fee, which you can pay when you take out the loan or finance it as part of the original loan.

For each item included in the «Notes Payable to Banks and Others» line of the Liabilities section — credit card debt, personal loans and lines of credit, cash advances, student loans, car loans, payday loans, etc. — enter the name and address of the creditor, lender, or noteholder, as well as the original balance — $ 0 for credit cards — current balance, payment amount — you can enter «varies» for credit cards — payment frequency, and if applicable, how the loan is secured (i.e., what is being used as collateral).

If you sell now for $ 500,000, (Assuming that you can, and ignoring real estate commissions and other selling expenses, and pretending that you still owe the bank the full amount of the original $ 200,000 loan.)

As the name suggests, this is the original loan on a property, offered by both banks and private lenders.

While there is no hard - and - fast rule about how or when banks and finance companies refinance loans, they are much less likely to put up the money to buy out your original loan if your vehicle isn't worth at least as much as they are paying for it.

In these cases, my original bank still serviced the loan, so my payment went to the same place as before.

Refinancing may mean that the customer has other debt that needs to be included in the refinance product, may have a lower paying current job that has decreased the original ability to repay the loan, has certain family or personal circumstances that have required a refinancing of the house, and other changes that may be riskier for a lending bank.

Missing any scheduled payment will cost you a bounced check fee from your bank and extra fees or higher interest rates on your loan, in addition to the original loan's fee.

Look into what banks paid for loans (discounted from original price) and what they short sold for — and the taxpayer is still stuck with «income» taxes.

Most consumer advocates, and financial industry sources are saying MOST financial lending institutions, banks, and credit unions are still using the original FICO score to determine a borrowers loan eligibility.

The original creditor is the bank that issued you the credit card or loan.

He also owes $ 8,000 in credit card debt and $ 10,000 in a bank loans which were used to fund the original business.

The bank worries that if they give you a loan while you're a cosigner and the original borrower defaults, you won't be able to handle both payments.

Increasingly, credit card companies and banks are taking out charging orders on homes to recover their original loans.

The Principal loan amount refers to the Original Loan amount which has been borrowed from the Bloan amount refers to the Original Loan amount which has been borrowed from the BLoan amount which has been borrowed from the Bank.

Why should I have to pay another $ 160K + + in interest (or twice as much as this if I pay out over 10 - 20 years), if I have already more than paid off the original loan??! Yet, we bailed out the banks, just handing them $ 600B +, rather than pay off all consumer rating (credit cards), mortgages in arrears, and student loans... which would have reset the economy and stimulated buying again!

To complicate things further, my loans were sold to company after company who were less accommodating to accept my payments of $ 50.00 a month as originally arranged by the original loan holder Dime Savings Bank.

Moreover, the last thing that a bank would do with the proceeds would be to refinance such mortgages, because that would provide full repayment to the original lenders while taking on the risk of the newly refinanced loans.

If you submit your original loan application with $ 1,000 in the bank, lenders will want to see at least $ 1,000 in liquid funds all the way to closing.

It's important here to highlight we really can't blame the new CEO / team for these losses: a) they're attributable to legacy assets acquired before they arrived (e.g. the original $ 30 mio Arcapita loan was a ludicrous over-commitment for a bank of EIIB's size), and b) I suspect a fire - sale of these assets might ultimately have produced similar losses.

With a refinance, your bank actually pays off the old loan by issuing you a new loan; thereby, eliminating your ex-spouse's liability on the original loan and replacing it with a loan in your name only.

Until the Mortgage Insurance carriers step up and possibly fine the banks for «purposely» allowing a home to foreclose so that they can get the insurance payout on the loan default (which i have to assume is based on the ORIGINAL loan amount) the banks will keep doing it.

A third of that total will remain with bank partners Bank of America Corp. and SunTrust Banks Inc., which oversaw the original loan, while the other $ 566 million was converted to 26 - year corporate bonds that were privately plabank partners Bank of America Corp. and SunTrust Banks Inc., which oversaw the original loan, while the other $ 566 million was converted to 26 - year corporate bonds that were privately plaBank of America Corp. and SunTrust Banks Inc., which oversaw the original loan, while the other $ 566 million was converted to 26 - year corporate bonds that were privately placed.

I am looking to pay off my personal mortgage much much sooner than the original 15 years initially loaned from the bank.

The group says that discrimination lawsuits have traditionally been brought directly against the original mortgage lenders rather than investment banks that packaged the loans into securities.

The seller of the loan was a bank that had taken over the original failed lender...

If you submit your original loan application with $ 1,000 in the bank, lenders will want to see at least $ 1,000 in liquid funds all the way to closing.

Goldman Sachs and Deutsche Bank securitized the loan in June 2014, with an original balance of $ 865 million.

The initial institutional or bank lender is unwilling to advance additional funds to complete the construction, but Montegra will consider funding a new first - mortgage construction loan of $ 600,000 to pay off the original mortgage and provide the necessary additional funds to finish the property.

«Because we buy the bank note for much less than its original value, we can provide the homeowner with reasonable loan terms in line with the true value of the home.»

The Bureau is concerned that creditors and settlement service providers that currently do not operate on Saturdays, especially smaller entities such as community banks, credit unions, and settlement agents, could disproportionately bear the operating and compliance costs caused by the final rule treating Saturday as a business day for the original Loan Estimate delivery requirement.

Look into what banks paid for loans (discounted from original price) and what they short sold for — and the taxpayer is still stuck with «income» taxes.

Industry trade association commenters representing banks and mortgage lenders observed that, in some cases, the creditor may disclose an amount for a settlement service on the original Loan Estimate but later on, the service is no longer required, due to unexpected events.