Sentences with phrase «sufficient equity built»

When there is sufficient equity built up in the home, this may be a good time to refinance.

The Obama administration realized that with the decrease in home values due to the mortgage crisis and the economy, many homeowners do not have sufficient equity built up in their homes to traditionally refinance or restructure their mortgages to their advantage, despite the drop in interest rates that is prevalent right now in the housing market.

Not exact matches

Any initiatives focussed purely on first time buyers, without a sufficient increase in house building, could push prices up for entry level properties; particularly if second time movers have low or negative equity.

Conventional buyers who can't put down 20 % will usually pay this each month until they build sufficient equity.

The 15 - year Fixed - Rate Loan is most popular among homebuyers with sufficient income to meet the higher monthly payments, and they want to quickly build equity or pay off the loan.

The interest rate can be raised to help cover closing costs, or they can be built into the loan if there is sufficient equity in the property.

One of the best ways to build up a sufficient corpus for the education of your girl child is to keep aside a major portion of your savings or invest in equities.

My # 1 goal is just getting people in houses to build equity, and having it be self sufficient.

For comparison, look at a standalone PMI policy, which you can cancel once you build sufficient equity in your home.