Sentences with phrase «size of the loan»

The other factors that determine the individual rate that the borrower will pay is based on credit history, size of the loan amount, loan type, and loan term.

Naturally, the unpaid interest gets added on to the principal, making size of the loans larger, thus increasing chances of foreclosure.

Loan - to - value ratio is a simple way for lenders to determine the relative size of a loan.

Such financial research will help you determine the necessary size of a loan and make your creditors more interested.

It's best that you meet with your mortgage professional to help you determine what an interest rate increase will cost you based on the expected size of your loan.

These conditions relate principally to the limited size of the loan and its term, with a 3 - month pay back term typical of such agreements.

As a result, the firm hasn't seen much change in the overall size of its loan book, despite overall growth in the non-bank residential mortgage industry.

Varies by size of the loan, though in general, the larger the loan amount, the higher the cost of the title insurance;

The average size of the loans made by Seacoast Commerce Bank, for example, which made just 325 loans in 2015 and ranks number 10 on the list, was close to $ 1 million.

Not that my advice would be early loan repayment, but I think if you do decide to go that route then which loan to pay off early really depends on the rate and remaining life of the loan, and not the overall size of the loan, if you're looking at reducing your monthly debt payments.

Ultimately, the maximum size of your loan amount will be determined by your debt - to ‐ income ratio (DTI), which is the percentage of monthly gross income that goes towards paying debts.

By contrast, the average size of the loan from the nation's leading SBA lender Wells Fargo was about a quarter that size.

The onus should be placed on customers to obtain from their accountant a certified document stating relevant information such as maximum monthly payments and maximum size of loan etc..

Among the lending clients Mr. Orenstein represents is an EB - 5 Lender that is one of the most active EB - 5 Lenders in the country based on the volume of loans and size of each loan transaction.

The more collateral that the borrower can supply, the larger the potential size of the loan.

The chart differentiates loans in three ways: 1) duration of loan (more or less than 15 years), 2) loan amount (more ore less than $ 625,000), and 3) loan - to - value (LTV: size of the loan against the value of the home).

This is different than the question of «What size of loan do I qualify for?»

On the other hand, the average size of the loans used to purchase the new homes continued to climb — to an all - time high of $ 336,500.

Until then, they prefer a prequalification, which tells borrowers the average size of loan they can qualify for based on stated income and based on an average of mortgage rates.

Creditors will also look at the size of the loan needed, the company's purpose in obtaining funds, and the means of repayment.

Creditors prefer large loans because the administrative costs decrease proportionately to the size of the loan.

Plus, depending on the size of your loan, you may be able to receive an unsecured loan.

The likelihood that a bank will use both automated processes to make a decision on your loan application is tied to the size of the loan you're requesting; the smaller the loan, the more likely the evaluation will be fully automated.

The company charges interest of 3 to 6 percent, depending on the item and size of the loan.

Their state taxes, property taxes and other itemized deductions might get them past the level of their standard deduction, but you can see how the tax benefits would wane with the size of the loan.

When the size of the loan exceeds your policy's cash value, the life insurance policy will lapse, meaning you lose your coverage.

On loans over $ 150,000, the small business will pay a one - time up - front fee that is determined by the size of the loan.

There are several different SBA loan types depending upon your loan purpose and the size of the loan.

But you need to either pay interest out - of - pocket annually or carefully monitor the size of the loan as compared to the policy's cash value.

Their clients stay with them because they are able to increase the size of your loan as you grow.

The average APR on these loans ranges from 7 % to 108 %, depending on the lender, the type and size of the loan, the length of the repayment term, the borrower's credit history and whether collateral is required.

With the exception of loans under $ 150,000, borrowers pay a one - time up - front fee, depending upon the size of the loan guarantee.

Also, the size of the loans is, by definition, «micro.»

If you don't know, then getting a handle on the size of your loan should be at the top of your list.

Indonesia's financial regulator said it was considering setting a cap on interest rates and the size of loans offered by fintech firms, in a move aimed at minimizing the risk of defaults.

The annual premium varies based on the LTV ratio, the size of the loan, and the length of the term (see the two tables above).

The annual mortgage insurance premium on FHA loans will vary based on the size of the loan and LTV ratio.

The Financial Services Authority (OJK) said it was considering setting a cap on interest rates and the size of loans offered by fintech firms, in a move aimed at minimizing the risk of defaults.

You can see the size of our loan book and bad debt rates on our statistics page.

Or, via a cash - out refinance, you can increase the size of your loan so that your former mortgage gets paid - in - full, with some amount leftover.

It depends on the size of the loan in relation to the purchase price.

If they require you to pay for PMI based on the size of your loan, they must disclose it to you upfront.

The cost of PMI will vary based on the size of the loan and the insurance company being used.

Find out if the transaction was similar to yours — size of loan, purchase or refinance, etc..

Accruing interest, for example, can significantly increase the size of your loan when you stop making payments.

Prospa first Australian fintech to deliver a half billion dollars of small business loans Over the past 12 months Prospa has experienced rapid growth, doubling the size of its loan book Prospa has now delivered loans to over 12,000 small businesses in Australia 9 November, 2017.