Sentences with phrase «rather than the original loan»

Not exact matches

So, if you do make a 20 percent down payment, you'd be able to buy a house for as much as $ 521,875 and without the original loan balance exceeding $ 417,500 (assuming that you also pay all the closing costs and expenses up front rather than finance them).

What is all that interest for anyway??? I would think they would be happy with some money, the original loan, rather than never getting any money at all.

Why should I have to pay another $ 160K + + in interest (or twice as much as this if I pay out over 10 - 20 years), if I have already more than paid off the original loan??! Yet, we bailed out the banks, just handing them $ 600B +, rather than pay off all consumer rating (credit cards), mortgages in arrears, and student loans... which would have reset the economy and stimulated buying again!

Once the development / construction risk period has passed, and the project is cash flowing, it would allow borrowers to use internally generated cash outside the project, rather than forcing them to refinance the loan (possibly away from the original lender).

Most experts believe that the transfer would be treated as a sale of the original cryptocurrency asset rather than a loan.

The terms also improved on the original - issue discount, giving Toys «R» Us 99.5 percent of the loan's funds, rather than 99 percent.

The group says that discrimination lawsuits have traditionally been brought directly against the original mortgage lenders rather than investment banks that packaged the loans into securities.

FHA Streamline Refinances are the fastest and most simple way for a homeowner with an FHA - insured home loan to refinance their existing mortgage because the FHA allows the home's original purchase price to be used as the current value of the home rather than requiring an appraisal.

The FHA recently announced it will raise annual insurance premiums for most new mortgages by one - tenth of a percentage point and most borrowers will be required to pay mortgage - insurance premiums throughout the life of a loan, rather than stopping payments when the outstanding principal balance reaches 78 percent of the original principal balance.