Sentences with phrase «senior loans with interest»

Not exact matches

The OCC's findings are consistent with more recent surveys: The Fed's October survey of senior U.S. loan officers found a growing number loosening standards for commercial and industrial loans, often by narrowing the spread between the interest rate on the loan and the cost of funds to the bank.

Most are financed with floating rate loans from banks, which means that interest rate hikes directly impact their cost of capital, said S. Nandakumar, a senior director in Fitch Ratings» infrastructure and project finance group.

Along with the senior bonds issued at loan closing, CTRMA issued $ 66 million of low interest BANs, which reached maturity in January 2008.

The project has a total cost of $ 1.3 billion and is funded with senior bank loans ($ 685.8 million), private equity contributions ($ 209.8 million), and interest income ($ 2.3 million), in addition to the TIFIA loan.

Also a benefit to the senior loan structures is that loans are floating - rate instruments, which have coupon resets periodically with the prevailing benchmark for the interest rate (i.e., LIBOR).

For borrowers who are seeking a $ 1 million mortgage with a 25 % down payment and who have a FICO score in the 740 to 759 range, Salt Lake City - based Zions Bank, a unit of Zions Bancorp, has recently been charging an origination fee equal to 1.375 % of the loan amount, or $ 13,750, and charging an interest rate of 3.625 %, says Jeremy Lowry, a senior vice president at the bank.

Also, mutual funds invest in bonds, mortgages and senior secured loans that pay floating interest rates, which periodically adjust with current rates.

For many senior homeowners interested in accessing their home equity, the reverse mortgage loan is a choice that is often made with confidence.

The lender who pays the pax in exchange for the lien would be in a senior position on the btitle (senior to the first mortgage) and would enter into an agreement with the property owner to pay back the loan, at interest of up to 18 %.

A $ 42.5 senior secured term loan maturing January 15, 2009 with an interest rate of 9.8 % per annum.

Some leveraged and senior loans are issued with interest rate ceilings, but the ceiling exists only on a case - by - case basis.

«We coordinated with his tax preparer to not only change his monthly payment but get him out of an interest - only loan that would have skyrocketed without a refinance,» says Hoffman, senior loan officer at Wholesale Capital Corp., in Moreno Valley, Calif..

Owners and investors are now able to obtain mezzanine loans with interest rates as low as 8 % to 9 %, which is comparable to rates on senior loans in the early 1990s.

For many senior homeowners interested in accessing their home equity, the reverse mortgage loan is a choice that is often made with confidence.