Sentences with phrase «purpose of one's loan»

The main purpose of a loan contract is to define what the parties involved are agreeing to, what responsibilities each party has and for how long the agreement will last.
Often, the chances of getting fast loan approval are higher because of the specified purpose of the loan, and the fact that the borrower is clearly serious about escaping financial hot water.
The whole purpose of this loan type is to offer you a fresh start.
The main purpose of this loan is to help out the retired who have limited income.
These schools are qualifying schools for purposes of this loan forgiveness program, even if they are not listed in the Annual Directory of Designated Low - Income Schools for Teacher Cancellation Benefits.
Recently, the Department of Education has told the American Bar Association, the American Immigration Lawyers Association, and some, but not all, American Civil Liberties Union offices, that they are not qualifying non-profits for purposes of loan forgiveness.
Loan Amount $ 2,400,000 Transaction Acquisition Collateral 11 - unit apartment building Location Glendale, California Purpose of Loan Purchase money for 1031 Exchange Exit Strategy Refinance with -LSB-...]
The stated purpose of these loans is to repair bad credit, however, based on our knowledge and experience, these loans are unlikely to be successful at repairing credit.
Loan Amount $ 6,150,000 Transaction Acquisition Collateral 10,685 square foot office building on a 13,990 square foot lot Location Beverly Hills, California Purpose of Loan Purchase money for -LSB-...]
If you're looking for funding, include the amount and purpose of the loan requested, the repayment schedule, the borrower's equity share, and the debt - to - equity ratio after the loan, security or collateral is offered.
In this circumstance, the personal purpose of the loan predominates, and the Service considers it unreasonable to deny the mortgage interest deduction.
Loan Amount $ 4,200,000 Transaction Refinance Collateral 19 - unit apartment building Location San Jose, California Purpose of Loan Partner buy out and seasoning of rents Exit Strategy Refinance -LSB-...]
For purposes of your loan approval, having a timeshare is not consider «ownership» of another home.
There is no need for a lender to obtain copies of income tax returns, financial statements, or credit authorizations from each co-investor for purposes of loan qualification since the DST is the borrower and not each individual co-investor.
Though, as said before, the main purpose of these loans is to help those who need to reduce their debt in order to avoid further worsening of their current financial situation, they are also used for attending to urgent needs that can not be postponed specially when related to certain accidents or illnesses that imply high medical bills that otherwise couldn't be covered.
Loan Amount $ 9,570,000 Transaction Acquisition Collateral 65,728 square foot office building on a 6 acre lot Location Costa Mesa, California Purpose of Loan Purchase vacant building, rehab, and -LSB-...]
A transfer or assignment made in accordance with Section 38 shall automatically cancel the nomination except in case of assignment to the insurer or other transferee or assignee for purpose of loan or against security or its reassignment after repayment.
Loan Amount $ 14,950,000 Transaction Acquisition Collateral 60 - unit apartment building with ground floor retail Location San Francisco, California Purpose of Loan Purchase property quickly in a -LSB-...]
Loan maturities are based on the ability to repay, the purpose of the loan proceeds, and the life of the assets financed with the loan.
Conditions specific to the business include the purpose of the loan and your own experience and qualifications.
Banks will want to know the purpose of your loan.
Whether you have $ 10,000 or $ 100,000 available to you with a HELOC, it's vital that you consider your situation and the purpose of the loan before you sign on the dotted line.
Finally, consider the purpose of your loan.
Later on in the application process, you must state the purpose of the loan.
The following payment example assumes a loan with points and that the purpose of the loan is to purchase a property, with a loan amount of $ and an estimated property value of.
Being clear about the purpose of the loan will help you to work out reasonable terms with a lender and avoid scams.
Being clear about the purpose of the loan will help you to work out reasonable terms with a lender and
The DOE collects information from states on teacher shortages for the purposes of its loan forgiveness and TEACH grant programs.
These schools are qualifying schools for the purposes of this loan forgiveness program, even if they are not listed in the Low - Income School Directory.
Application For loan First Name: Last Name: Date Of Birth: Address: Sex: Phone No: City: Zip Code: State: Country: Nationality: Occupation: Monthly Income: Amount Needed: Duration: Purpose of the loan: E-mail address:
The maximum percentage of your home's value depends on the purpose of your loan, how you use the property, and the loan type you choose, so the best way to determine what loan amount we can offer is to apply online; email CEFCU; call 309.633.3424 or 1.800.633.7077, ext. 33424; or visit a Member Center.
Loan information, including amount requested, purpose of loan, description of your farm operation
These charges, which are assessed at closing, vary depending on the lender and the purpose of the loan.
Of course, stating that the purpose of a loan is to clear debts is not quite enough.
Although the purpose of the loan is to improve or repair parts of the home, it doesn't use the home as security for the loan.
The main potential issue will be that many (maybe all) unsecured personal loan providers will want some indication of the purpose of the loan, and you will need to be honest with them about this or it would be fraud.
Borrowers may be approved for a loan for as little as $ 1,000 and up to $ 50,000, based on information included in the application and the purpose of the loan.
The application process starts with checking your rate and stating the purpose of the loan.
In applying for the loan, I / We completed a loan application containing various information on the purpose of the loan, the amount and source of the down payment, employment and income information, and the assets and liabilities.
Lenders do not require a collateral, nor any information pertaining to the purpose of the loan application.
The purpose of this loan program is to enable eligible low - and moderate - income (up to 115 percent of the Area Median Family Income) rural residents to acquire modestly priced housing for their own use as a primary residence.
- The purpose of the loan (e.g., purchase vs. refinance)- The amount you want to borrow - How you plan to use the home (primary residence, income property, etc.)- The type of property you are buying (detached home, multifamily, condo, etc..)
1The information provided is for a fixed mortgage and assumes the purpose of the loan is rate / term refinance, with a loan amount of $ 187,500.00 and an estimated property value of $ 250,000.00.
To get your rate estimate, you'll be required to submit some personal information regarding your home rental or mortgage, income, social security number, and the purpose of your loan.
When deciding which financing option to choose, consider the purpose of the loan.
The purpose of each loan is carefully studied before arriving on the type and process prior to approval.
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