Sentences with phrase «other loan programs because»

It is easier to qualify for a loan through VA Home Loan Centers than other loan programs because they offer higher front - end and debt ratios as well as the no down payment, no closing costs option (VA no / no).

Not exact matches

In that case, if he can deliver the shares to the lender when prices have fallen, and retain no other contractual obligation (either because it is a non-recourse loan, or because he has no other attachable wealth), he has in effect a put option from the lender that substantially matches the put option he has transferred to employees who buy shares under the program.

The process is more involved than other SBA loan programs because there are multiple players working together to fund the loan.

Bhole thinks it is because of other benefits the loans provide, specifically the income - based repayment program (IBR).

The Education Corps is designed to provide tutoring and after - school support but not necessarily to train future teachers.92 The VISTA program matches corps members with a nonprofit organization to perform capacity building and provides yearlong stipends, but it is not intended for provision of direct services.93 The Professional Corps, which specifies teaching as one of its qualified positions, allows participants to access Segal AmeriCorps Education Awards — which recipients can use either for loan forgiveness or for paying tuition and other qualifying educational expenses — but increases residency program costs because residents are prohibited from receiving stipends through AmeriCorps and must therefore be paid through their program or the school district.94 None of these programs were designed for supported entry specifically; thus, programs dedicated to providing a gradual on - ramp to the teaching profession can sometimes find it hard to meet their definitions and requirements.

Among the numerous rewards of the loan are reduced underwriting standards, no money down, no private mortgage requirements, the ability to pay off the loan early without pre-payment penalties, and limited closing costs; because of these advantages, as well as a multitude of others, the loan program has experienced a boom in popularity over recent years.

Typically, federal student loans and some private student loan programs, home loans, home equity loans and any other form of secured loan is too hard to negotiate because the lender is comfortable knowing that he can legally claim your property in case you fail to repay the loan.

Secured Business loans on the other hand do require collateral but they have lower interest rates and longer repayment programs since the lender doesn't have to worry because he can always claim his money by taking legal actions to repossess the asset guaranteeing the loan.

Many people are disqualified from PSLF and other loan forgiveness programs because they are not technically employed by the correct employer.

Because USDA loans are backed by the United States Department of Agriculture, they offer benefits that other programs can not, like small upfront costs and ultra-low rates.

The program is meant for people who have plenty of money and can afford a home, but have difficulty getting a mortgage loan because they've had a bankruptcy, are newly divorced, have student loan debt or other hardships they're trying to overcome, Brown says.

«There are lots of programs available to serve different needs, but, typically, if a loan requires a higher credit score, it's because the lender is taking a chance on you in some other way, such as allowing a lower down payment or a higher debt - to - income ratio,» Pataky said.

Because our lenders are featuring refi - mortgage loans with the lowest rates and extended repayment programs that are unmatched by other lenders.

Before it's discontinuance in 2010, the FFEL Program issued loans from private banks and other lending institutions; yet, these loans were still considered federal because the government guaranteed them.

There have been other embassy art programs, which were based on borrowing from artists, and there have been difficulties with that because sometimes the work didn't get back to the artist in the same condition in which it was loaned.

I promise you and other real estate agents have lost numerous transactions and will continue to lose more transactions because you just don't understand what will become your most favorite loan program.

A: Because of the upfront costs associated with a reverse mortgage, if you intend to leave your home within 2 to 3 years, there may be other less expensive options to consider, such as home equity loans, no - interest loans or grants that may be offered by your county government or a local non-profit to repair your home, or a tax deferral program, if you're having problems paying your property taxes.

That's because in no other federal mortgage loan program is upfront approval required.