Sentences with phrase «requirement than other lenders»

SnapCap has fewer requirements than other lenders, requiring a minimum credit score of 550 and only 9 months in business.

Banks tend to have stricter qualification requirements than other lenders when it comes to approving business loans.

Not exact matches

Under the plan, lenders that originate less than 2,000 loans — excluding loans held in portfolio — would not have to comply with QM's debt - to - income requirement, though they would have to follow other QM restrictions.

While APRs start higher than at other lenders, Kabbage has no minimum credit score requirements to apply, so it can be a good source of funding for small business owners with poor to fair credit.

Although it has stricter eligibility requirements than other online lenders, Fundation provides more flexible terms and lower APRs (some alternative lenders have APRs that exceed 90 %).

In general, we recommend OnDeck for business owners who want loans of more than $ 300,000 or who may not be able to meet specific time in business or credit requirements at other lenders.

Currency has fewer eligibility requirements than other alternative lenders, but qualifying will depend on the type of loan you're applying for.

Each lender has their own requirements and some are stricter than others.

Currency has fewer eligibility requirements than other alternative lenders, but qualifying will depend on the type of loan you're applying for.

Funding Circle has more stringent requirements than other online lenders, so you may be looking for loans that better suit you and your business.

Finally, RISLA has higher income requirements to qualify for a refinanced student loan than other lenders, which could make it more difficult to secure an approval without the help of a cosigner.

As regards to credit requirements, the need of a good credit score is essential because the lender has no other assurance of repayment than the borrower's credit behavior.

These low - down - payment loans have waxed and waned in popularity over the years depending on what other loan products are available from lenders; but after the housing crisis, many borrowers turned to FHA lenders because FHA loan guidelines are generally looser than conventional loan requirements.

However, the terms and fees are similar, if not less desirable, than most other small business lenders due to the high origination fee for all loan products, high rates for the working capital loan and merchant cash advance, and strict requirements for the business expansion loan.

With a VA loan, veterans of the United States military can purchase a home with no money down — and at WCC, they can do it with more flexible credit requirements than many other lenders.

On the other hand, if you are a W - 2 salaried borrower, the requirement to give tax returns to your lender is less than for someone who is their own boss or receives a 1099.

While APRs start higher than at other lenders, Kabbage has no minimum credit score requirements to apply, so it can be a good source of funding for small business owners with poor to fair credit.

Overall, iHelp has lower credit and income requirements than other private student loan lenders, and they offer different repayment terms to fit borrowers» needs.

Other loan types will require some manner of down payment and often have higher credit score requirements than VA lenders.

It is expressly agreed that notwithstanding any other provisions of this contract, the purchaser shall not be obligated to complete the purchase of the property described herein or to incur any penalty by forfeiture of earnest money deposits or otherwise unless the purchaser has been given in accordance with HUD / FHA or VA requirements a written statement issued by the Federal Housing Commissioner, Department of Veterans Affairs, or a Direct Endorsement Lender, setting forth the appraised value of the property of not less than $.

Because the VA provides strong guarantees to lenders the credit score requirements for VA loans are generally less stringent than with other forms of financing.

A few things about SnapCap stand out to us: higher loan amounts, faster funding and fewer eligibility requirements than other alternative lenders.

Although most of our revenue does come from title lenders, we do not shop your personal information around to anyone other than the best lender we see fit based on your requirements and our criteria.

You will need to speak with your participating FHA loan officer to see if higher FICO score requirements apply - depending on the borrower's credit history, FICO scores, lender standards, and other variables, your FICO score requirements may be higher than those listed here.