Sentences with phrase «qualified borrowers find»

In some cases, this may help less - qualified borrowers find funding.

Not exact matches

As such, borrowers may find that they can qualify for a lower interest rate.

It sent buyers to eight dealerships in eastern Virginia and found that white borrowers with weaker credit profiles got less expensive financing options and more favorable treatment than their nonwhite counterparts who were more financially qualified.

Depending on their loan need or purpose, many borrowers find the streamlined online application and qualifying criteria of an OnDeck loan an attractive option.

Borrowers just need to fill out the application to find out if they qualify.

Even worse, researchers found more than half of borrowers in default would qualify for an income - driven repayment plan that would significantly reduce their monthly payments.

So a reasonably qualified borrower should be able to find a willing lender.

Many qualified borrowers will find the terms favorable over similar products, particularly other loans that allow low down payments.

While borrower defense applications typically require the borrower to specifically show that his or her school violated state law, the Everest and WyoTech findings qualify students enrolled in the covered programs and time periods to apply for a discharge of their federal Direct Loans through an expedited process using a simple attestation form.

If you go to the SallieMae.com website, you'll find them primarily promoting the Smart Option Student Loan, which is aimed at borrowers attending colleges and universities, as well as community college students or U.S. students studying abroad at qualifying institutions.

A lot of borrowers find themselves asking, «who qualifies for student loan forgiveness?

A mortgage agent works along with the borrowers in order to find the most suitable loan amount for a mortgage that they will qualify for and the best possible loan form, etc..

Qualifying borrowers will find their monthly payments set at no more than 15 % of their monthly discretionary income, and will have any remaining loan balance forgiven after 25 years of repayment.

As such, borrowers may find that they can qualify for a lower interest rate.

Some sellers and agents think they can find better - qualified borrowers than those with VA loans.

This means that borrowers who may need a way to roll their existing HELOC's that enter the repayment period in the next 3 years may not be able to find a loan for which they can qualify and now are faced with the higher payments as their current HELOC is reset.

Either way, you should be able to find a bad credit automobile loan online where heavy competition between lending institutions tends to lower the bar when it comes to qualifying borrowers.

We've seen borrowers who think they have been making qualifying payments for PSLF, only to find out they didn't have the correct loan type after years of making payments.

Additionally, highly qualified borrowers can likely find private student loans with low interest rate options.

The unemployment protection is a nice benefit that you won't always find at other banks and the fact that SoFi takes a well - rounded approach when qualifying borrowers could make it easier to get approved, versus getting a loan elsewhere.

So a reasonably qualified borrower should be able to find a willing lender.

Less than perfect credit history - FHA loans are ideal for borrowers with less than perfect credit history who will find it difficult to qualify for a conventional loan.

Borrowers, whether they need a mortgage to buy a home or to refinance a home, often find that FHA lenders are able to approve an FHA 203b loan for someone who might not qualify for a conventional mortgage.

While rates can start as low as 5 %, our research found that even borrowers with excellent credit and little debt may only qualify for a rate as low as 10 %.

Depending on their loan need or purpose, many borrowers find the streamlined online application and qualifying criteria of an OnDeck loan an attractive option.

Fannie Mae accomplished a few of their goals with the DU refinance plus program, but with home values declining further, Fannie Mae quickly found that 105 % wasn't enough as lenders still struggled to qualify borrowers with the DU Refinance Plus program.

We help people find companies that can finance qualified borrowers up to $ 500,000 with a quick second mortgage.

In the last few years, this has caused problems for many borrowers since the interest rates are scheduled to be reset to a higher one and they found out that they would not qualify for refinance because the value of their home is less.

A report published recently by Card Hub, a credit card comparison and research website, found that creditors are offering lower rates these days to well - qualified borrowers.

In most cases, you must have at least 20 percent equity in your home to refinance, although highly - qualified borrowers can find HELOCs and HELOANs of up to 90 percent of their property value.

Additionally, those who are qualified student borrowers may still find a cosigner is a better option, as they can help secure lower rates.

In order to find out whether a borrower will qualify for special services under this program, which may include administrative forbearance, the borrower may call the customer service number during regular business hours.

In their findings, NFHA uncovered that more than half the time white borrowers with weaker credit profiles received less expensive financing options and more favorable treatment than their non-white counterparts who were more financially qualified.

«Specifically, we find that nearly 10 % of prime borrowers who applied for their loans jointly could have lowered their mortgage interest rate at least one eighth of 1 percentage point if the mortgage was applied for by the applicant with a higher credit score and an income high enough to qualify for the mortgage,» the note reads.

Even worse, researchers found more than half of borrowers in default would qualify for an income - driven repayment plan that would significantly reduce their monthly payments.

Many borrowers will find that they can qualify for a loan to buy more house than they can afford.

In the event of a cosigner's death or qualifying total and permanent disability, the borrower will not be required to find a new cosigner for an existing loan.

Borrowers with scores below 620 may find it easier to qualify for a government - insured FHA home loan, compared to a conventional or «regular» mortgage.

So if you're one of these borrowers, you may find it easier to qualify for a bad credit loan.

While many student loan borrowers are able to qualify for mortgages and buy their dream homes, others find that their loans are an impediment to their homeownership dreams.

Today, in 2011, you won't find any lenders willing to make subprime loans to poorly qualified borrowers.

Borrowers without a lot of debt won't be affected by this new rule, but those who have a debt - to - income ratio above 43 % will find it harder to qualify for a loan unless they can reduce their debt or boost their income.

Many borrowers find it much easier to qualify for an FHA Loan.

By taking out a single loan to pay off multiple loans, well - qualified borrowers may find they are able to snag a lower interest rate through a private student loan lender.

Underserved, in this context, refers to reasonably qualified borrowers who find it hard to get a mortgage loan.

The MBA has recommended 13 changes to the CFPB's qualified mortgage rule, including revising the process for determining a borrower's debt - to - income ratio to find ways for self - employed borrowers to qualify for credit.

While many student loan borrowers are able to qualify for mortgages and buy their dream homes, others find that their loans are an impediment -LSB-...]

Read the fine print, and you will probably find something that says «reserved for well - qualified borrowers.»

The quarterly Federal Reserve survey of senior loan officers released Aug. 3 found that a significant number of lenders say their bank has actually made it somewhat harder for subprime borrowers to qualify for a loan.

But four borrowers, all lawyers, recently found out that their once - eligible workplaces no longer qualified.