Sentences with phrase «single loan resulting»

Not exact matches

Paying a single premium will likely cause the policy to become a Modified Endowment Contract (MEC), resulting in less favorable income tax treatment and the potential for tax penalties on loans and withdrawals.

This should result in a reduction in monthly outgoings, with the debts replaced by one single loan repayment.

The result is much the same as using as a HELOC or home equity loan (or a second mortgage), except it's all rolled into a single new mortgage.

The primary benefit of federal student loan consolidation is that it results in a single monthly payment.

A federal consolidation loan allows borrowers to combine their loans resulting in one single monthly payment; however, the interest rate on that loan is a simple weighted average from the previous loans.

Rate shopping for mortgage loans typically results in multiple hard inquiries — often as many as three or more — per borrower for a single purchase.

This year, however, the program is enjoying a windfall — the result of a continuing resolution signed by President Obama that doubled the size of the USDA's Rural Development Service's Section 502 single family guaranteed loan program, taking it from $ 12 to $ 24 billion.

Consolidating one's federal loans results in a single fixed interest rate that is guaranteed for the life of the loan.

While this constituted a useful exercise in theory, the results were not applicable for an individual investor because combining all \ (A \) grade loans into a single \ (A \) grade asset class is only achievable if one owned all \ (A \) grade loans.

When you consolidate several credit card balances into a single personal loan, it usually results in an increase your credit score.

When the information on your credit report indicates that you have been applying for multiple new credit lines in a short period of time (as opposed to rate shopping for a single loan, which is handled differently as discussed below), your FICO Scores can be lower as a result.

Often student loan refinancing and consolidating multiple student loans into a single payment results in simpler tracking of balances and potentially a reduction in interest rates.

The FHA began developing a loan defect taxonomy several years ago in response to the False Claims Act litigation the Justice Department filed against FHA lenders, which resulted in large fines and prompted many banks to exit the FHA single - family mortgage program.

Paying a single premium will likely cause the policy to become a Modified Endowment Contract (MEC), resulting in less favorable income tax treatment and the potential for tax penalties on loans and withdrawals.

As a result, by raising the total cost of funding, implementation of the newly proposed rules directly addressing on - balance sheet mortgage purchase loans for single family homes could further restrict the supply of mortgage credit.

Nomura's latest small - loan securitization was a $ 1.4 billion deal completed last March, but that single - issuer deal has become somewhat of an anomaly, as big CMBS deals are now mostly a result of multi-issuer transactions.