Sentences with phrase «property securing the loan»

St Paul Central Short Sale *: A St Paul Central short sale is a transaction in which a lender allows the real property securing the loan to be sold for less than the remaining mortgage amount due and accepts the proceeds as full payment of the loan.

Closing attorney will establish that BND will obtain a first mortgage on property securing your loan.

Our Banking and Financial Services Group regularly structures, negotiates and completes complex transactions for lenders and borrowers involving syndicated loans, asset - based financings, acquisition and project lending, real estate and personal property secured loans, and unsecured credit transactions.

Foreclosure is the legal process that lenders use to take back property securing a loan, generally after the borrower stops making payments.

Farmington Short Sale *: A Farmington short sale is a transaction in which a lender allows the real property securing the loan to be sold for less than the remaining mortgage amount due and accepts the proceeds as full payment of the loan.

When you get a home equity loan, your property secures the loan.

A straight - forward loan would have the borrower with 100 % legal ownership from the start, just that the property secures the loan.

The highly competitive loan market has made available home equity loans that added to the outstanding mortgages can provide funds up to the total value of the property securing the loan.

If you default on debt you owe to a fully secured creditor, the creditor can take possession of the property securing the loan and sell it to pay the difference.

For all locations in the United States other than Alaska, Guam, Hawaii, and the U.S. Virgin Islands, the maximum guaranty is the greater of 25 percent of (a) $ 417,000 or (b) 125 percent of the area median price for a single - family residence, but in no case will the guaranty exceed 175 percent of the Freddie Mac loan limit for a single - family residence in the county in which the property securing the loan is located.

In Alaska, Guam, Hawaii, and the U.S. Virgin Islands, the maximum guaranty is the greater of 25 percent of (a) $ 625,500 or (b) 125 percent of the area median price for a single - family residence, but in no case will the guaranty exceed 175 percent of the Freddie Mac loan limit for a single - family residence in the county in which the property securing the loan is located.

The homeowner retains ownership, and the property secures the loan.

For contributory mortgage schemes, the responsible entity only needs to tell you about the valuations of a property securing a loan if you are being offered an interest in that loan.

The lender runs lower risks when lending against collateral because in the event of default the property securing the loan can be repossessed or subject to foreclosure.

The value of the property securing their loans might be artificially high.

The appraisal is important to the lender because the property secures the loan.

Institutional lenders need not only obtain appraisal of the value of the property, but also require detailed examination of the borrower's credit history and current financial status, as well as financial statements and tax returns not only for the property securing the loan but for all real property and business interests owned by the borrowing entity and the borrower himself.

Eden Prairie Short Sale *: A Eden Prairie short sale is a transaction in which a lender allows the real property securing the loan to be sold for less than the remaining mortgage amount due and accepts the proceeds as full payment of the loan.

Anoka Short Sale *: A Anoka short sale is a transaction in which a lender allows the real property securing the loan to be sold for less than the remaining mortgage amount due and accepts the proceeds as full payment of the loan.

Minnesota Short Sale *: A Minnesota short sale is a transaction in which a lender allows the real property securing the loan to be sold for less than the remaining mortgage amount due and accepts the proceeds as full payment of the loan.

St Louis Park Short Sale *: A St Louis Park short sale is a transaction in which a lender allows the real property securing the loan to be sold for less than the remaining mortgage amount due and accepts the proceeds as full payment of the loan.

West Bloomington Short Sale *: A West Bloomington short sale is a transaction in which a lender allows the real property securing the loan to be sold for less than the remaining mortgage amount due and accepts the proceeds as full payment of the loan.

St Paul Daytons Bluff Short Sale *: A St Paul Daytons Bluff short sale is a transaction in which a lender allows the real property securing the loan to be sold for less than the remaining mortgage amount due and accepts the proceeds as full payment of the loan.