This required
a substantial loan with an interest reserve to make monthly interest payments.
Not exact matches
There is so much competition between lenders of bad credit personal
loans rampant online that you can rack up
substantial savings by getting your
loan with an online lender, including less
interest and longer payment terms.
If you're paying back a student
loan with an
interest rate of 6 % or higher, using a credit card could save you a
substantial amount of money.
Where rollovers, or repayment term extensions, are allowed,
interest rates, along
with any late fees that may be assessed, can add a
substantial dollar amount to the end price of your
loan.
Many banks and lending institutions also offer debt consolidation
loans for veterans
with substantial home equity, allowing them to restructure their high -
interest rate obligations into one manageable, monthly payment.
Conventional mortgage
loans are usually low -
interest options that are reserved for borrowers
with a
substantial down payment.
Because of FHA's leniency, some borrowers
with past credit problems elect to use FHA for
loans when they have a
substantial down payment rather than getting a higher
interest rate conventional
loan.
Affiliated Business Arrangment means an arrangement in which (A) a person who is in a position to refer business incident to or a part of a real estate settlement service involving a federally related mortgage
loan, or an associate of such person, has either an affiliate relationship
with or a direct or beneficial ownership
interest of more than 1 percent in a provider of settlement services; and (B) either of such persons directly or indirectly refers such business to that provider or affirmatively influences the selection of that provider; and (8) the term «associate» means one who has one or more of the following relationships
with a person in a position to refer settlement business: (A) a spouse, parent, or child of such person; (B) a corporation or business entity that controls, is controlled by, or is under common control
with such person; (C) an employer, officer, director, partner, franchisor, or franchisee of such person; or (D) anyone who has an agreement, arrangement, or understanding,
with such person, the purpose or
substantial effect of which is to enable the person in a position to refer settlement business to benefit financially from the referrals of such business.
In the past, Real Estate Investments would often only generate positive cash flow
with substantial down payments of 50 % or more, or
with «negative amortization» or «
interest only»
loans that were fraught
with risk.