Sentences with phrase «specific loan amount»

Now that you know the figures, you probably have a general idea of what kind of interest loan will apply to specific loan amounts over a given period of time.

Typically, you'll be granted a specific loan amount based on the age of your business: up to $ 1,000 for ideas, up to $ 5,000 for businesses in operation less than 90 days, and up to $ 10,000 for businesses generating revenue.

These limits are non-negotiable and should be carefully considered before asking for a specific loan amount.

This means that the loans acting as security for the investments can not be changed, as the investors purchased them according to specific loan amounts and mortgage rates.

A mortgage pre-approval is far more valuable than a prequalification because it means we are actually approving you for a specific loan amount, usually valid for a particular time period such as 90 days.

If you can not get approved for a specific loan amount or for a certain loan term, try applying for a smaller and / or shorter loan.

The estimate is an itemized list of your closing costs based on your specific loan amount, proposed interest rate and closing date.

This means the mortgage lender has actually checked your credit, verified your documentation, and approved a specific loan amount.

They are designed to take a specific loan amount and break it down into monthly payments — that's all.

Once you obtain pre-approval for a specific loan amount, you can start shopping in earnest for the home that fits your budget, lifestyle, and other needs.

Pre-approval means you receive a conditional commitment from a lender up to a specific loan amount.

Additionally, some borrowers may find the payment card to be an attractive feature, as it allows them to apply for a specific loan amount but doesn't require them to use that amount.

It is a conditional commitment in writing for a specific loan amount and loan programFootnote 2.

Pre-approval is not a final loan commitment; it means you met with a loan officer, your credit report was reviewed, and the lender believes you can qualify for a specific loan amount.

While pre-approval doesn't guarantee a specific loan amount, sellers will know your chances of securing funds for your home purchase are greater than other buyers who lack that status.

By providing us with the proper documentation, such as proof of debt and income, tax info, and credit reports, we will potentially be able to pre-approve you for a specific loan amount.

Typically, you'll be granted a specific loan amount based on the age of your business: up to $ 1,000 for ideas, up to $ 5,000 for businesses in operation less than 90 days, and up to $ 10,000 for businesses generating revenue.

preapproval [top] When a mortgage lender reviews your credit and commits to a specific loan amount and terms.

If you need to determine how much you can borrow for a specific monthly payment, or what the monthly payments will be on a specific loan amount.

The specific loan amount that a borrower can acquire depends on the individual's credit, as well as their state's loan laws and regulations.

If pre-approved, you'll get a conditional commitment by the lender for a specific loan amount.

A personal line of credit is a bank loan that closely resembles a credit card in the sense that you have a specific loan amount of money (comparable to a credit card limit) that you can use for any purpose, as needed.

With conditional approval, you have qualified for a specific loan amount.

If you have selected a home you are interested in purchasing, a pre-approval provides you with an approval for a specific loan amount.

They'll run a credit check, and offer you a specific loan amount and a specific rate of interest, based on your credit score and whether or not you're securing the loan with some type of collateral.

A Home Equity Loan, also known as a closed - end second mortgage, is a solution to get cash for a one - time need and specific loan amount, e.g., remodeling your kitchen and paying off the loan in a five - year period.

It approves a specific loan amount and loan program based on your income and debts.

The quotes above are based on a specific loan amount for of a single family primary residence.

Pre-Approval is a conditional agreement for a specific loan amount.