Sentences with phrase «terms of repayment»

And since it's a secured loan, it provides a lot of flexibility in terms of repayment schedules and monthly installments.

At this time, the borrower should contact the mortgage lender to work out a forbearance or terms of repayment for the missed mortgage amount.

Bonds are debt instruments with fixed terms of repayment and with fixed interest payments made during the life of the bond.

Other aspects matter too, with the range of discounts that are available, and the structure and terms of the repayment schedule, playing a big part.

Whether you opt for federal or private loans, each category has various types of loans with different terms of repayment.

You may negotiate a deal that is comfortable for you in terms of repayment amount and payment frequency.

And unfortunately, although some companies will agree and provide some form of relief, others will simply demand the original terms of repayment.

Some of our lenders also have flexible terms of repayment such that you can adjust the repayment schedule if your financial status changes in the course of repaying the loan.

There are many lenders who are willing to service these types of loans at great rates with affordable terms of repayment that are tailored for your budget and income.

This means they have a lower interest - rate and easier terms of repayment.

All you need to do is look around and talk to different mortgage brokers that can help you find lenders who offer a reasonable interest rate and fair terms of repayment.

By going with a secured loan for self employed individuals, you will be offered a lower rate of interest and a longer term of repayment with lower monthly payments.

Am I in a position to dictate terms of repayment, such as over the period of 12 months?

Parent PLUS Loans are a bit different in terms of repayment.

Like other installment loans, a home equity loan has clear, fixed terms of repayment, which is not the same for home equity lines of credit.

Having student loans with different lenders, different interest rates, different terms of repayment, is probably an inconvenience, or maybe a financial disaster.

We wish to see you succeed, not only in terms of your repayment plan, but also in life and in the cultivation of a prosperous future for yourself and / or your family.

First of all, using a HELOC means you tend to have a fixed interest rate and a finite term of repayment (in other words, a HELOC can't hang around for 40 years like a student loan could).

The loans Brazos offers aren't as generous in terms of repayment options, but they carry low interest rates, so could be worth considering if you're a parent of a student in Texas.

Generally a home equity loan provides the borrower with a lump sum upfront with a fixed term of repayment at a specific interest rate, so you know what the monthly amount will be for the life of the debt.

I would like to know what to expect in terms of repayment since ive been delinquent for approximately 5 years.

In terms of repayment terms, interest rates and fees, CommonBond's loans are on par with what you'll find elsewhere.

Both home equity loans and HELOCs usually have shorter terms of repayment than first mortgage loans.

To calculate monthly student loan payments, we assumed a 10 - year loan term (the standard term of repayment on government student loans), and an interest rate of 6.3 percent, based on a weighted average of rates on subsidized, unsubsidized and PLUS loans issued from 2007 through 2012 calculated in a 2014 GAO report.

First of all, using a HELOC means you tend to have a fixed interest rate and a finite term of repayment (in other words, a HELOC can't hang around for 40 years like a student loan could).

In terms of repayment options available to student debtors, 43.74 percent of private student loan borrowers selected full deferment until after graduation.

(And if she does have to try to account for this, she's probably going to have to set the interest rate extremely high; so Bob might accept a fixed term of repayment in exchange for a more reasonable rate.)

It is important for students and their families to understand the types of federal student aid they are eligible to receive, how they work, and what is required in terms of repayment over time.

The interest rate for a refinance loan depends on the applicant's credit profile, the choice of variable rate or fixed rate, and the term of repayment for the loan.

The respective shares of debt and the terms of repayment would be subject to negotiation.

U.S. Treasury Secretary Steven Mnuchin had delayed releasing the loans because of disagreement over the terms of repayment.

Defaulting on a loan means that you have not met your obligations when it comes to the terms of repayment.

The amount of the loan, the interest rates, and terms of repayment will rely heavily on your salary and your debt - to - income ration.

Second, for those who do own a home or car that they could leverage, taking an unsecured loan allows them a bit of breathing room in terms of repayment.

FHA - approved lenders are issued loans to reduce the lender's risk of loss should the borrower be unable to fulfill the terms of repayment.

The terms of repayment can range from 1 - 10 years.

You will also want to consider the total amount that you owe, the terms of repayment, and how old the debts are.

If not, your loan processor can help you come up with a figure that is affordable for you both in terms of repayment and adequate enough to purchase a suitable car, truck, or van.

If you decide to sell the cottage to your children, be advised the Income Tax Act provides for a five year capital gains reserve and thus, consideration should be given to having the terms of repayment spread out over at least over five years.

7) A due - on - demand clause - The exceptions are if: a) There is material misrepresentation or fraud by the borrower in connection with the loan; b) The borrower fails to meet the terms of repayment in the agreement; or c) There is any action by the borrower that negatively affects the creditor's security.

With some loans, you will begin to make interest payments immediately, whereas others will allow you to pay the interest over the term of the repayments or at the end of the repayment of the actual loan.

Personal loans as a financing vehicle offer predictability in terms of repayment each month given that interest rates are fixed, as are the monthly payments.

With the ability to spread the term of repayment over a much longer period you can generally make quite an impact on reducing your monthly outgoings and improving your FICO ® score, credit report, and credit rating.

Hence, be careful about how much you borrow, and about the terms of repayment you agree to.

Terms of repayment are set before the loan is signed, and your input is a valuable part of setting up your loan agreement.

You do this by setting down the terms of repayment in written form and making sure the transaction is labeled as a loan on the instrument that conveys the money — a certified check, for example.

Other factors to consider are the loan interest rate, which can be competitive, and the term of the repayment.