Sentences with phrase «soon as the borrower»

Student loans taken out during undergraduate school and medical school could be refinanced as soon as the borrower is able to qualify for a lower interest rate.
As soon as borrowers started defaulting in significant numbers, chaos broke out.
He or she knows as soon as the borrower realizes the payment is late.
The loan becomes due and payable as soon as the borrower moves from the home or passes away, so if you have plans to move in the next few years, you may want to also wait on getting the reverse mortgage.
As soon as a borrower starts his repayment, he enters standard repayment system, which states that he has 10 years to cover the full amount of the loan.
As soon as the borrower has FFELP loans with more than one lender, the single holder rule no longer applies.
Direct unsubsidized loans for graduates, which begin accruing interest as soon as the borrower takes out the loan, will see interest rates rise from 5.31 percent last year.
As soon as the borrower's credit improves, have the borrower apply to refinance the loan or get a new credit card on his or her own — and close out the old loan or card.
As soon as the borrower makes a payment, if you turn around and loan the money either to him again or to someone else, you just increased your profits on that money.

Not exact matches

Today, the President announced that his Administration is putting forth a new «Pay As You Earn» proposal to make sure these same important benefits are made available to some borrowers as soon as 201As You Earn» proposal to make sure these same important benefits are made available to some borrowers as soon as 201as soon as 201as 2012.
As a parent borrower, you're expected to start making repayments as soon as the funds are disburseAs a parent borrower, you're expected to start making repayments as soon as the funds are disburseas soon as the funds are disburseas the funds are disbursed.
The borrower must furnish the DOT with any other credit surveillance reports on the TIFIA - assisted project as soon as they are available.
Also, the loans do mature, or require payoff, relatively soon, perhaps as soon as the next pay period of the borrower.
In addition, if borrowers feel their finances are starting to spiral out of control, they should consider applying for a forbearance or deferment as soon as they're able.
The online application is simple, and many borrowers receive funds as soon as the next business day after approval, but it can take up to one week if you need to submit additional documentation to verify your identity and income.
If FHA reform goes through as the legislation is currently written, then thousands of borrowers will soon find that they have a new FHA mortgage insurance premium (MIP).
Our cooperating partners do their best to provide you as borrower with money as soon as possible.
Although the final approval process can take days, if a borrower is approved their funds could be deposited into their bank account as soon as the following business day.
Some borrowers just don't want to deal with a lengthy payment schedule and would rather be over the debt as soon as possible.
While these programs are helpful, borrowers should try to get back to making payments on the original terms as soon as possible.
Chase, for instance, tends to pick up the phone as soon as you miss a payment, while Capital One gives borrowers a little more time.
Rates are on track to move higher as the year unfolds so most borrowers will be better off locking in a rate soon.
A borrower may request cancellation or automatic termination may be required as soon as the principal balance of the mortgage reaches 78 percent of the original value of the home.
So, the borrower, first of all, tries to avoid getting a margin call by trading efficiently, and in unavoidable circumstances of having received a margin call, the debt must be paid as soon as possible to avoid further damage.
It makes sense, then, for most borrowers to lock in a rate as soon as possible.
A mortgage refers to an agreement between a lender and a borrower where the borrower gives the title of the property papers to the lender till the time he pays off the debt along with the interest, with the promise of getting back those papers as soon as the loan is paid off.
Borrowers can opt for a deferred repayment program which does not require payment during school and 6 months after graduation, or an in - school interest repayment program can be selected that requires a small monthly payment starting as soon as the loan is funded.
Another way you can show that you are not a riskier borrower is pay your credit card balances as soon as you can before the due date.
They must not be kept as an option if the borrower does not want their income from the interest to end soon.
However, many borrowers receive the cash they need as soon as next business day.
To explain why, our experts in student loan refinancing and debt consolidation have compiled the top five reasons why borrowers should take advantage of current interest rates and refinance student loans as soon as possible:
A fixed rate is something that many borrowers like the sound of but shied away from as soon as they saw that they received a lot less money under this option.
It does seem as though they are poised to continue moving higher in the near - term so borrowers will likely get the better deal by taking action soon.
Rates are still expected to move higher as we march through 2018 so our recommendation remains for borrowers to take action on a purchase or refinance soon.
Foreclosure is accelerated as soon as 30 to 60 days after the death of the Borrower.
As soon as eligibility has been established and the borrower signs his / her loan document the funds will be deposited in the borrowers account via an ACH transaction and is usually available by the next business morninAs soon as eligibility has been established and the borrower signs his / her loan document the funds will be deposited in the borrowers account via an ACH transaction and is usually available by the next business morninas eligibility has been established and the borrower signs his / her loan document the funds will be deposited in the borrowers account via an ACH transaction and is usually available by the next business morning.
This is a minor drawback, as refinancing early will only save a few months worth of interest, but may be a letdown for borrowers hoping to get started as soon as possible.
ADVANCE PREPARATION To speed up the process, borrowers should begin to assemble the standard loan paperwork as soon as they decide to apply for a loan.
Consistent with the Department's objective to improve the loan application process for Direct PLUS loan borrowers, the Secretary is exercising his authority under section 482 (c) to implement the new and amended regulations included in this document as soon as possible after the publication date of these final regulations.
In those cases, as soon as the Fed changes its rates, borrowers can expect their rates to increase by the same amount.
Billions of dollars worth of bonds backed by student loans could soon face downgrades as borrowers postpone or reduce their payments.
Private - student - loan lender SLM, also known as Sallie Mae, soon will announce that it will expand its score offering to all its private - student - loan borrowers and cosigners.
Borrowers are expected to begin payments as soon as the loan is approved and funded.
To explain why, our experts in student loan refinancing and debt consolidation have compiled the top five reasons why borrowers should take advantage of current interest rates and refinance student loans as soon as possible: Reduced Interest Rates Current interest...
But every borrower should start thinking about consolidating or refinancing their student loans as soon as possible after they graduate.
And as co-signers age, there could soon be an additional uptick in the number of borrowers finding themselves in the same situation as Cimochowski.
More borrowers will soon be unable to make payments on their homes and credit cards as the supply of rent dries up.
That can be an advantage for borrowers who need cash more quickly because through the Avant platform, you could have your funds as soon as the next business day.
Through FHA's «Back To Work — Extenuating Circumstances Program,» borrowers who have gone through bankruptcy, foreclosure, deed - in - lieu, or short sale, may be eligible for an FHA - backed mortgage sooner if they can prove their financial hardship was the result of an economic event, such as job loss or a significant decrease in income.
Proponents of non-conforming loans stress that the borrower can obtain a conventional loan as soon as they qualify, yet enjoy the benefits of home ownership and establish equity in the meantime.
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