Sentences with phrase «required on certain loans»

This is insurance that is required on certain loans, such as mortgages offered by the U.S. Federal Housing Administration (FHA), to protect the lender against the risk that the borrower will default.

Mortgage Insurance premium - Private Mortgage Insurance (PMI) may be required on certain loans (usually those with less than 20 % down).

Not exact matches

Those laws include state usury laws that limit interest rates and the Truth in Lending Act, which requires lenders to provide certain disclosures on total loan cost, said Stuart Rossman, director of litigation at the National Consumer Law Center.

Certain borrowers are required to pay for mortgage insurance (MI) on their home loans.

On the other hand, FHA loans require certain provisions which sometimes place a heavy burden on a homeowner's budget, often in the form of premiums paid for mortgage insurancOn the other hand, FHA loans require certain provisions which sometimes place a heavy burden on a homeowner's budget, often in the form of premiums paid for mortgage insurancon a homeowner's budget, often in the form of premiums paid for mortgage insurance.

Depending on your credit score, certain loans may require a site inspection or evidence of comparable debt.

Whether loan application documents are submitted online or on paper, certain personal information is required.

Provide necessary documentation: In addition to the information you must have provided on your application form for the personal loan, you will still be required to make certain documentation available.

A lender may require that you have insurance on certain items that are used to secure a loan, such as your car or home, but you're free to purchase this coverage elsewhere.

But some loan companies only remove a co-signer once you have made a certain number of consecutive, on - time payments, or they will require a credit check.

9 Discounts and loan amount depend on specific program and may require certain Advance balances, reserves, equity and automatic payment from an HSBC U.S. Advance checking account.

3 Discounts and loan amount depend on specific program and may require certain Premier or Advance balances, reserves, equity and automatic payment from an HSBC Premier or HSBC Advance checking account.

4 Discounts and loan amount depend on specific program and may require certain Premier balances, reserves, equity and automatic payment from a U.S. Premier checking account.

RESPA does not require lenders to impose an escrow account on borrowers; however, certain government loan programs (for example, FHA and VA loans) or lenders may require escrow accounts as a condition of the loan.

Your lender, landlord or utility provider may only require a certain number of on - time payments, or it may require a satisfactory credit history and demonstrated ability to assume full responsibility for repayment of the loan.

Truth in Lending requires creditors to give you certain basic information about the cost of buying on credit or taking out a loan.

While the VA requires you to pay certain funding fees, there's no worry on your end about financing your down payment on a VA loan.

This depends on specific state laws because certain states require a gap between two payday loans.

2 Discounts and loan amount depend on a specific program and may require certain Advance balances, reserves, equity, and automatic payment from an HSBC U.S. Advance checking account.

Certain factors required to avail a top up loan is purely decided by your repaying capacity, income and commitment towards any other loans would be considered before the bank decides on the exact top of loan that can be given.

FHA home loan qualifications require a certain succession of actions on the borrower's part.

Also, if you have financed your RV and are still paying on the loan, your lender may require you to carry a certain amount of insurance coverage.

3 Discounts and loan amount depend on specific program and may require certain Permier or Advance balances, reserves, equity and automatic payment from HSBC U.S. Premier or Advance checking Account.

2 Discounts and loan amount depend on a specific program and may require certain Premier balances, reserves, equity, and automatic payment from an HSBC U.S. Premier checking account.

The home buyers course provides the certification required to qualify and close on certain housing loans, including federal mortgages programs for those buying a house for the first time.

As a result, Justice Morgan granted temporary relief from forfeiture to the tenant on certain terms including requiring the tenant to pay the unpaid rent, realty taxes and water bills, and the parties to resolve the dispute relating to the lease agreement and demand loan within 60 days.

If you take out a mortgage loan to make a purchase, your lender may require you to carry certain types of insurance on your mobile or manufactured home.

A lender may require that you have insurance on certain items that are used to secure a loan, such as your car or home, but you're free to purchase this coverage elsewhere.

Also, if you have financed your RV and are still paying on the loan, your lender may require you to carry a certain amount of insurance coverage.

Although some forms of financial aid (such as scholarships and certain grants) award monetary support without requiring repayment, the bulk of today's students rely on federal or private loans to finance their education.

However, to avoid any potential undue influence on the appraiser, certain safeguards are required (e.g. in most cases the person at the lending institution selecting the appraiser can not be the same person approving the loan).

Other provisions included in the Rule, which became effective on January 10, 2014, prohibit the financing of credit insurance and require disclosure of loan originator information in certain loan documents.

RESPA does not require lenders to impose an escrow account on borrowers; however, certain government loan programs (for example, FHA and VA loans) or lenders may require escrow accounts as a condition of the loan.

when buyers take out a mortgage with less than a certain dollar percentage to put down on the loan, lenders require them to pay mortgage insurance, a monthly premium that is added to the mortgage.

Like a large number of states, Nevada requires homeowners to disclose certain property conditions and factors (such as material defects) so that the buyer is aware prior to closing on a home loan or occupying the property.

Some of these services are required for certain loans, and some are dependent on if your preference, such as having an attorney present at closing.

Section 1026.36 (g) as finalized requires a loan originator organization to include its name and NMLSR ID as well as the name and NMLSR ID of any individual loan originator with primary responsibility for the loan origination on certain specified loan documents for all consumer credit transactions secured by a dwelling.

In contrast, proposed § 1026.38 (t)(5)(v) would have permitted the expansion of the information required by § 1026.38 (f), (g), and (h) over two pages in certain circumstances to accommodate the closing costs and itemization required on the Closing Disclosure, provided that the Loan Costs and Other Costs under § 1026.38 (f) and (g), respectively, are each disclosed on a single page.

While § 1026.37 (o)(5) does not permit the deletion of lines from the form H - 24 of appendix H to Regulation Z for the information required to be disclosed by § 1026.37 (f) and (g), proposed § 1026.38 (t)(5)(iv) would have permitted the deletions of lines in certain circumstances from proposed form H - 25 of appendix H to Regulation Z. Section 1026.37 (o) does not permit the use of more than one page for closing cost details on the Loan Estimate, except for the services for which a consumer can shop under § 1026.37 (f)(3) which may be placed on an additional page at the end of the Loan Estimate under the circumstances permitted by § 1026.37 (o)(5)(viii).

Third, as described above the final rule permits creditors to provide estimates where actual terms are not available, and where changes happen subsequent to the issuance of the Closing Disclosure only require a further three - day waiting period if there are certain significant changes to the terms, such as a change in the APR by more than 1/8 of 1 percent or 1/4 of 1 percent (based on the type of loan), the loan product changes, or there is an addition of a prepayment penalty.

Pursuant to TILA section 128 (b)(2)(C)(ii), under existing § 1026.18 (s), the creditor is required to provide certain information about the interest rate and payments, which is based on the loan product.

New comment 19 (e)(3)(i)-7 explains that although § § 1026.37 (o)(4) and 1026.38 (t)(4) require that the dollar amounts of certain charges disclosed on the Loan Estimate and Closing Disclosure, respectively, be rounded to the nearest whole dollar, to conduct the good faith analysis under § 1026.19 (e)(3)(i) and (ii), the creditor should use unrounded numbers to compare the actual charge paid by or imposed on the consumer for a settlement service with the estimated cost of the service.

Sections 1026.37 (o)(4) and 1026.38 (t)(4) require that the dollar amounts of certain charges disclosed on the Loan Estimate and Closing Disclosure, respectively, to be rounded to the nearest whole dollar.