Sentences with phrase «satisfy loan requirements»

If you need to get life insurance to satisfy loan requirements, or just want the peace of mind, these plans will get you that protection much quicker than a traditional plan.

There are four key factors to the life insurance policy being accepted as satisfying the loan requirements and guidelines:

Not exact matches

That's because you'll start working toward your 120 qualifying repayments earlier — repayments based on a starting salary — ultimately leaving a larger student loan balance available for forgiveness after you've satisfied the program's requirements.

The introduction of a stress test was only one portion of Guideline B - 20; the regulations also ban the practice of «co-lending» or «bundled» mortgages, which combine multiple mortgage loan products to help a borrower satisfy their minimum loan - to - value requirements.

Although the VA determines the guidelines for those who are eligible for the VA Loan benefit, private lenders who finance the home purchases have an additional set of criteria a potential borrower must satisfy, including debt, income and credit requirements

As used in this paragraph, a «Covered Borrower» means any person who, at the time such person becomes obligated on a loan transaction or establishes an account for consumer credit, satisfies the requirements under any one or more of the following classifications, or is otherwise under applicable laws deemed to be a «Covered Borrower» under the Military Lending Act, 10 U.S. Code Section 987: (a) An active duty member of the Army, Navy, Marine Corps, Air Force or Coast Guard, or a person serving on active Guard and Reserve duty (a person described in this clause (a) of the definition of «Covered Borrower» is hereinafter referred to as a «Service Member»); or (b) Any of the following persons, relative to a Service Member: (1) The spouse; (2) A child under the age of 21; or (3) If dependent on the Service Member for more than one half of such person's support, any one or more of the following persons: (i) A child under the age of 23 enrolled in a full time course of study at an institution of higher learning; (ii) A child of any age incapable of self support due to a mental or physical incapacity that occurred before attaining age 23 while such person was dependent on the Service Member; (iii) Any unmarried person placed in legal custody of the Service Member who resides with such Service Member unless separated by military service or to receive institutional care or under other circumstances covered by Regulation; or (iv) A parent or parent - in - law residing in the Service Member's household.

Please note that any loan in a CAD / USD margin account is collateralized by the stock, and if the value of the stock drops sufficiently, the account holder has the opportunity to either transfer more cash, or sell a portion of the stock to satisfy the account margin requirements.

If you are able to buy a property under market value (usually because it needs substantial rehab work), once you do the rehab work (and I don't mean «you» personally — you'd actually need to have it done by a licensed contractor under the terms of a 203k loan), you potentially get not only higher rents, but also the option to refinance the mortgage after the rehab is done (and once you've satisfied any owner - occupancy or seasoning requirements from the lender), which can be especially useful if you want to purchase additional rental properties (something sometimes referred to as the «BRRR method», for «Buy, Rehab, Rent, Refinance).

Once you've submitted the requirements and satisfy the conditions, you just need to fill out the application form online or in person in the loan store.

In order to increase returns and provide more commercial paper to satisfy the demand, Wall Street lenders begin to lower their requirements by providing non recourse commercial loans.

In order to satisfy your graduation requirements, all students who received loan assistance at any time while in attendance at the University of San Diego School of Law are required by federal regulation to complete the Online Exit Loan Counseling Session (Exit Interviloan assistance at any time while in attendance at the University of San Diego School of Law are required by federal regulation to complete the Online Exit Loan Counseling Session (Exit InterviLoan Counseling Session (Exit Interview).

Failure to satisfy the Loan Entrance Counseling requirement in a timely manner may cause your loan funds to be returned to the lenLoan Entrance Counseling requirement in a timely manner may cause your loan funds to be returned to the lenloan funds to be returned to the lender.

The payment to Kiva, which is actually a loan to a deserving entrepreneur in another part of the globe, counts as a legitimate purchase which can go towards satisfying your minimum spending requirement.

Plaintiff has further reason to believe that the private loans held by Defendant were not «school certified loans» and as such did not satisfy the requirements of a «qualified educational loan» as defined by 11 U.S.C. § 523 (a)(8)(B).

That's because you'll start working toward your 120 qualifying repayments earlier — repayments based on a starting salary — ultimately leaving a larger student loan balance available for forgiveness after you've satisfied the program's requirements.

The way the arrangement for a title loan works is that the lender holds the car title document only until you have satisfied your requirement to pay off the loan.

Because the loan qualification requires proof of income and not proof of employment, it is possible to be approved for a CASH 1 Payday Loan using your retirement income to satisfy the proof of income requiremloan qualification requires proof of income and not proof of employment, it is possible to be approved for a CASH 1 Payday Loan using your retirement income to satisfy the proof of income requiremLoan using your retirement income to satisfy the proof of income requirement.

The lender of choice may initiate a credit check and / or appraisal, and provided all requirements are satisfied, the loan moves quickly to final approval.

Loan approval can then be used as proof of finances in order to satisfy both the school and the visa requirement for demonstrating that you have one year of financial resources in order to be in the United States and attend the school.

(B) a loan from a thrift savings plan permitted under subchapter III of chapter 84 of title 5, that satisfies the requirements of section 8433 (g) of such title;

«If a credit score is the most common method of satisfying the risk - based requirement, it also could give consumers a better idea of score benchmarks for loan qualification.»

Auto Loan Solutions is committed to providing all its customers — regardless of their credit situation — a safe and reliable vehicle that satisfies their needs and car loan approval requiremeLoan Solutions is committed to providing all its customers — regardless of their credit situation — a safe and reliable vehicle that satisfies their needs and car loan approval requiremeloan approval requirements.

Meeting these requirements provides 1 year from the death of the borrower to satisfy the loan.

(Parents who want to borrow a PLUS loan do not have to satisfy the registration requirement.)

Installment loans for bad credit aren't very difficult if one satisfies the very few requirements that these loan businesses have.

Make sure you satisfy all other VA loan requirements.

Customers are satisfied because on an average a personal loan (if the eligibility criteria is met) is disbursed within 2 to 3 days if applied offline without the requirement of any guarantor.

An existing life insurance policy can be used to satisfy the lenders requirements as long as the amount of death benefit on the policy is enough to cover the loan amount required.

Term is also great for those seeking to protect certain assets, like a house (think of the mortgage, for example), a business (useful for satisfying SBA loan requirements, or buy - sell agreements), and other major purchases.

Term insurance is the most effective way to satisfy the key man life insurance requirement to secure an SBA loan.

You have satisfied the collateral requirements to finalize your SBA loan.

Satisfies regulatory requirements for holding the position, including determined by SunTrust to meet the qualification standards imposed by the Loan Originator Compensation rule of the Truth in Lending Act.

Lenders underwriting to a tighter standard of the «Qualified Mortgage» are entitled to a presumption that the creditor making the loan satisfied the ability - to - repay requirements.

The introduction of a stress test was only one portion of Guideline B - 20; the regulations also ban the practice of «co-lending» or «bundled» mortgages, which combine multiple mortgage loan products to help a borrower satisfy their minimum loan - to - value requirements.

Community development loans include loans that satisfy certain federal requirements (12 CR part 25 and part 195).

Therefore, the maximum loan amount that the particular lender can provide for this property is # 700,000, which satisfies both requirements.

Although the VA determines the guidelines for those who are eligible for the VA Loan benefit, private lenders who finance the home purchases have an additional set of criteria a potential borrower must satisfy, including debt, income and credit requirements

This course satisfies the annual Continuing Education (CE) requirements for mortgage Loan Originators set forth by the SAFE Act.

For example, the maximum loan based on LTV ratio may not satisfy the minimum DCR requirement, as it may result in a DCR lower than the minimum required by the bank.

The MyCommunity Mortgage loan program allows the CalHFA CHDAP 3 % down payment / closing cost assistance program to be combined with it to satisfy the 3 % down payment requirement or to be used to pay closing costs.

Included in the rule is a definition of «qualified mortgage» loans, which are entitled to a presumption that the creditor making the loan satisfied the ability - to - repay requirements.

This 8 - Hour North Carolina SAFE Comprehensive Mortgage Loan Originator (MLO) Continuing Education Course satisfies the requirements for the 8 - hour state specific continuing education requirements for those holding their Mortgage Loan Originator license in the state of North Carolina.

The course covers a wide array of mortgage loan origination topics and updates that satisfy the requirements for both the Maine Department of Professional and Financial Regulation and the NMLS This includes topics such as:

Many homeowners have found that once they satisfy the requirements for reverse mortgages, the benefits of this unique loan helped them achieve a better quality of life.

The Bureau proposed to require creditors to use the integrated Loan Estimate required by § § 1026.19 (e) and 1026.37 to satisfy the disclosure requirements under RESPA section 5 for closed - end transactions covered by RESPA, except for reverse mortgage transactions.

Lastly, the final rule does not impose explicit requirements on mortgage brokers with respect to providing application information to the creditor and to establishing additional conditions that mortgage brokers must satisfy before they issue a Loan Estimate.

The Bureau proposed § 1024.5 (c) to exempt creditors from certain RESPA requirements for loans subject to the integrated disclosure requirements and also certain federally related mortgage loans that satisfy specified criteria associated with certain housing assistance loan programs for low - and moderate - income persons.