Sentences with phrase «same as loan»

When shopping for a mortgage or any type of credit product, for that matter, keep in mind that the advertised interest rate isn't the same as your loan's annual percentage rate (APR).

It is important to recognize that a lock - in is not the same as a loan commitment, although some loan commitments may contain a lock - in.

It is not the same as Loan against Property because here the loan is being topped - up on an existing home loan.

In almost every respect, a personal loan to a friend or family member is the same as a loan from a bank.

Leasing — although leasing is not the same as a loan, the business will be subject to the same type of review, especially of its cash flow, creditworthiness, the value of the object to be leased and its anticipated economic life.

Preapproval is more concrete than prequalification, yet it is still not the same as a loan application approval.

When you're refinancing or taking out a mortgage, keep in mind that an advertised interest rate isn't the same as your loan's annual percentage rate (APR).

This commenter explained that these loans are typically structured the same as loans secured by properties on 24 or fewer acres and have similar costs, and that it is typically clear when they are being made for a consumer purpose, as opposed to a business purpose.

Not exact matches

C - level executives must advocate internally for benefits such as generous parental leave, considerations for same - sex couples who can not have biological children and student - loan repayment programs.

Factoring is among the oldest forms of banking (during the Renaissance it helped make the Medici family very rich), but it doesn't work the same way as an ordinary loan.

America's largest private student loan lender, Sallie Mae, told CNBC via email that when a co-signer dies, the customer automatically continues as the sole individual on the loan with the same terms.

But «looks like a payday loan» may not be the same as «is a payday loan,» at least not under the law.

«If it's properly planned,» says Palank, «we should be able to close the deal in about the same time as it takes to close a bank loan.»

«If a lender knows that it can sell a loan as soon as the loan is made, do you think that loan will be underwritten with the same diligence as a non-SBA guaranteed loan held on that lender's books?»

His epiphany was that students with great earnings potential paid the same high rates on their school loans as everyone else.

This was true even when people of color earned the same amount of money as white loan applicants, wanted to take on the same size loan or buy in the same neighborhood.

Green makes it clear that they're not in the same dubious business as the so - called «buy - here, pay - here» used - car dealers that were the subject of one of comedian John Oliver's recent televised rants — and definitely not in the same line of work as payday loan operators.

The ability to pay extra on the higher interest loan (Option 2) while paying the minimum payment on the lower interest loan allowed for over $ 1,000 to be saved in this scenario — all this was with the same monthly payment as Option 1.

The monthly payments for this loan are more expensive than with a 30 - year mortgage as you are paying off the same amount of money in half the time, but you will pay less interest.

This special consolidation initiative would keep the terms and conditions of the loans the same, and most importantly, beginning in January 2012, allow borrowers to make only one monthly payment, as opposed to two or more payments, greatly simplifying the repayment process.

Balloon business loans pose the same risks to businesses as they do for consumers.

Post-recession, as interest rates have decreased and lending restrictions have become less strict for most homebuyers, the same has happened for people trying to get jumbo mortgage loans.

As its name implies, a fixed - rate mortgage is one which has an interest rate that remains the same for the duration of the loan.

For existing fixed - rate loans, such as a Federal student loan, your rate will remain the same as interest rates increase.

As rent appreciates from renovation and inflation, so does the value of the asset, so often, as long as interest rates remain low, you can refi or take out a second loan and take out a chunk of your equity while keeping the same LTV — this is not a taxable evenAs rent appreciates from renovation and inflation, so does the value of the asset, so often, as long as interest rates remain low, you can refi or take out a second loan and take out a chunk of your equity while keeping the same LTV — this is not a taxable evenas long as interest rates remain low, you can refi or take out a second loan and take out a chunk of your equity while keeping the same LTV — this is not a taxable evenas interest rates remain low, you can refi or take out a second loan and take out a chunk of your equity while keeping the same LTV — this is not a taxable event!

That is exactly what happened, the lenders exhausted the pool of borrowers, the reflexive impact of rising demand pushing prices higher began to wane, and the virtuous cycle turned dramatically (as they always do eventually) into a vicious cycle that triggered the Global Financial Crisis and those same banks that made all the ill - advised loans were crushed by massive losses Then, yet again, what were the «Masses» doing at the peak?

Private lenders are looking for the same information and will conduct similar due diligence as the banks, but they typically specialize in an industry and are more willing to take on higher - risk loans if they see the potential.

The goal of yield maintenance is to allow the conduit lender to reinvest the money returned from the borrower, plus a penalty fee, into bonds or other investments and receive the same cash flow as if the loan hadn't been paid off early.

Assuming you manage to stick to that extra payment for the life of your mortgage, you would save exactly the same amount as a biweekly payment plan and finish repaying your loan at the same time.

That means a business owner can't use the same invoices as collateral for a different loan unless a subordination agreement is in effect.

It's the same as if your bank offered you a no - interest loan, plus a free toaster as a bonus.

It was sort of based on job opportunity, something called «elite graduates» and data from Moody's (the same Moody's that rated many liar loans bundled as CDO's as AAA + so we know * they're * reliable).

This means that they offer the same competitive interest rates and terms as standard 7 (a) loans.

So if somebody goes out to buy a home they're bidding against other people for the same house and the winner is the person who can get the biggest bank loan and that's the person who says I'm going to pledge all the rental value to the bank so the bank gets all the rent as if it were the landlord.

Graduate Students: The eligibility requirements for the graduate students loans are the same as those established for undergraduate students.

It's important to understand that the Standard Repayment Plan for Direct Consolidation Loans is not the same repayment plan as the 10 - Year Standard Repayment Plan, and payments made under the Standard Repayment Plan for Direct Consolidation Loans do not usually qualify for PSLF purposes.

One example of this process, confusingly, might even be the United States in the 1920s, as Marriner Eccles (the brilliant Federal Reserve chairman under then - president Franklin D. Roosevelt) explained endlessly to an uncomprehending elite: if all the chips at the poker table are held by the same few players, the only way the rest can keep playing with them is to borrow chips, even though in the end they will not be able to repay the loans.

As a result, many business borrowers turn to other options, like an online small business loan, which offers many of the same conveniences and potentially at a lower premium than many MCAs.

Adjustable - rate mortgage: Also known as an ARM, this mortgage option from Quicken Loans generally has a lower interest rate when compared to fixed - rate mortgages with the same term - at least at first.

If you wanted to pay off your student loan debt in 10 years rather than the 20 you signed up for, complete the same formula as above, but use 10 years as your time period.

Private student loans don't have to offer the same borrower protections and repayment options as federal student loans.

SoFi refinance loans are private loans and do not have the same repayment options that the federal loan program offers such as Income Based Repayment or Income Contingent Repayment or PAYE.

First, private student loans don't usually offer the same number of repayment options as federal loans.

These loans provide the same government guarantee and low interest rates as traditional SBA loans, but they can close in as little as 45 days — about half the time it takes to close a traditional SBA loan.

This loan option gives buyers a long time to pay off the loan (30 years) and the interest rate remains the same for that entire time, making it easier to budget monthly payments as they stay constant.

The group incentive nature of employee stock ownership and profit sharing makes this an effective way to create and reinforce a sense of common purpose, and to encourage higher commitment and productivity.23 It is also the case with ESOPs that the new ownership might not be viewed by the firm in the same way as other added compensation because the ownership is financed through loans to buy new capital as company stock, with Federal tax incentives, and the shares are not paid as normal wages and benefits out of company budget reserved for this purpose.

The interest rate will remain the same for as long as you keep the loan.

A title loan is not the same as a regular car loan, however, because of the very short term length.

It's also your duty to pay back that loan with the same zeal as if you owed it to Visa or Mastercard.

«You don't have to use the same lender for a home equity loan as you did for your original mortgage,» Volpe says.