Sentences with phrase «part of the loan»

You can choose your monthly payment as part of the loan application process.

If you indicate that you're separated, then as part of the loan application process, the mortgage lender will often want to see your separation agreement.

You may want to prepare information regarding the value of potential collateral items as part of the loan process.

As the service fee set aside is not part of the loan balance, the funds remaining in the service fee set aside at time of loan repayment are not subject to refund.

This could mean a loss of the death benefit, and you might have to pay taxes on part of the loan proceeds.

It can be financed as part of the loan amount.

Of course, that means you're paying interest on the fee since it becomes part of the loan.

Many lenders, for instance, will charge for add - on services that are not part of the loan.

As part of the loan at no extra charge.

If you've financed your car, your lender may require comprehensive and collision insurance as part of the loan agreement.

Then when I graduated I taught for a year and actually had part of the loans forgiven because I taught in a high needs area.

Credit scores are a huge part of the loan approval process, because your credit score is used to determine how risky of a borrower you are.

The documentation process is rather rigorous, but you must understand that this is an important part of your loan application, so it has to be done well.

It would be stupid not to have insurance, but the bank makes it easy by collecting an escrow payment as part of your loan payment every month.

If you already paid part of the loan, and the amount still owing is less than the unpaid refund, part of the unpaid refund will be used to fully cancel the loan.

Some mortgage lenders try to get reverse mortgage applicants to buy additional, yet unnecessary, products as part of the loan package.

It would be wise to have a home inspected before buying it, even if it's not required as part of your loan program.

The screening process is the first and most important part of any loan transaction.

You will be responsible for contributing to insurance premiums as part of the loan structure, which is usually done in two parts.

With this program, the government guarantees part of your loan.

Check in with your financial aid office to see if you can still cancel part of the loan.

Part of the loan funds are put into an escrow account, which holds the money for the repairs.

Keep in mind, these funds are still part of your loan and you will need to pay them back.

Points appear for new home buyers since they are part of the loan origination process.

Communication through customer service is a big part of loan servicing.

For example, if you take out a car loan on a vehicle that you use for both business and personal reasons, part of the loan interest won't be deductible.

A recommended part of the loan process, this inspection provides protection for both you as the home owner and for the lending institution providing the home mortgage.

Part of your Loan officers responsibility is to explain to you what the services and costs are, and to give you an estimate of the total costs when you apply for a loan.

There are three essential types of documents that must be part of any loan modification program.

Unfortunately, you may only get part of the loan back and statistics show that only 6 % to 10 % of loans are fully recovered after they hit a collection agency.

As part of your loan terms, your lender will explain when your loan repayment is due and make arrangements to automatically withdraw the money from your checking account on the due date.

More than 50 % of lending institutions include mandatory arbitration as part of their loan contracts because it is supposed to be faster and cheaper than going to court.

A reasonable interest rate is an essential part of any loan.

But, the numbers you give are the beginning and these statements are part of the loan request, so make sure they are right.

Their new policy is that the mortgage insurance is permanently part of your loan regardless of your equity position.

Interest Rate is an integral part of any loan so, it is important to know details of interest rate before applying for a loan.

The nice part of these loans is that the principal and interest payment is the same for the life of the loan so there are no surprises.

Accordingly, the appraisal represents a very material part of the loan process.

Actually there's another great part of this loan process — there is absolutely no credit check.

It is important to recognize though the cosigner is now part of the loan transaction.

The second part of your loan application depends on an appraisal of the property you are buying.

Under this scheme the Principal part of the loan remains the same till possession.

This clerical part of the loan application process is usually the most time consuming.

This means that all of the buildings, furniture, inventory, as well as start up costs are included as part of the loan proposal.

Just like it sounds, «loan origination» is the beginning part of loan.

That's why credit counseling or financial planning is a key part of loan consolidation.

There is generally no mortgage insurance, but be on the lookout since one part of the loan often has a variable rate.

Note: your appraisal is often the longest part of the loan process, taking anywhere from one to two weeks, on average.