Many homeowners who strategically defaulted had solid professional positions and income, good credit and
substantial cash reserves.
Mortgage lenders often consider «
substantial cash reserves» as a «compensating factor» if other parts of a mortgage loan application seem marginal or close to the limits of what can be approved.
The large, early advertising buy was made possible by Maffei's
substantial cash reserves this spring.
Cleaning businesses with
substantial cash reserves can afford to accommodate customer requests to extend payment due dates for 30 to 90 days beyond the invoice date.
It is important to choose your locations well, keep a long - term view, keep your emotions in check, and have
a substantial cash reserve to get you through the down times.
I wouldn't disregard CD's altogether if you have
a substantial cash reserve.
Not exact matches
These new counterparties were major investors of
cash in overnight markets and had capacity to facilitate the «draining» of
substantial reserve balances, if offered attractive term investments with the Federal
Reserve.
«The second thing to understand is that we have to, always, keep a
substantial amount of
cash in
reserve in order to comply with our debt obligations.
The borrower has
substantial documented
cash reserves (at least three months worth) after closing.
Meanwhile, these suspects all appear to possess
substantial underlying asset value — based on their reported
reserves & resources — but continue to struggle with their
cash burn rates & daunting fund - raising ambitions.
If the loan isn't
substantial andyou have enough
cash value in
reserve this may not pose a long termissue.