Sentences with phrase «terms than conventional loans»

Their loans offer lower down payments and longer terms than conventional loans; this allows small businesses to maintain their cash flow while juggling a large loan.

Most business owners know that an SBA loan can offer a lot of perks — lower down payments, lower interest, and longer repayment terms than conventional loans.

Not exact matches

The loans range from $ 500 up to $ 350,000 or more, with interest rates that are slightly higher than bank rates and terms that are in line with conventional loans.

In need of short - term funding that offers a little more flexibility than a conventional loan or A / R factoring?

Short - term lenders typically have more relaxed eligibility requirements than conventional banks or SBA loans do.

• More lenient qualifying terms: Obtaining a VA loan is easier than a conventional loan, as the standards for income and credit score as not as stringent.

FHA offers higher loan - to - value refinance terms than conventional lenders, and may also help with rolling home equity loans into a new mortgage loan.

Benefits of SBA loans include lower down payments and longer repayment terms than conventional bank loans, enabling small businesses to keep their cash flow for operational expenses and spend less on debt repayment.

Borrowers are attracted to FHA loans because FHA's requirements in terms of credit guidelines are looser than the requirements for conventional loans, and these loans also require a down payment of just 3.5 percent.

Rates are typically higher than conventional financing, however funding times are usually much faster and the loan criteria and repayment terms can be tailored to the individual situation.

The only downside is that the interest rates for short term loans are more expensive than conventional loans.

The interest charged on a home equity line of credit is about the same as on a home equity loan with a fixed term, which is slightly higher than the rate on a conventional first mortgage.

This is much safer than conventional ARMs, which can increase as much as two percent per year six percent over the loan's term.

A. USDA and SBA loan guidelines allow for longer terms than conventional financing, which reduces your monthly payments.

Hard Money is sometimes easier to get (no qualifying can be available with good security) is much Harder as to terms i.e. interest, ARV, Points, Fees, overall cost compared to so called conventional or soft money... where terms and conditions are softer or easier on the borrower often because there are safeguards built into soft money loans that are significantly less risky than are the typical Hard Money Lloans that are significantly less risky than are the typical Hard Money LoansLoans.

«While it may be appealing to get an upfront lump sum of cash, the risk here appears to be that a consumer could end up with a more expensive product with harsher repayment terms than they would with a more conventional loan,» said Edelman, whose Washington - based policy institute promotes economic mobility.

Rates are typically higher than conventional financing, however funding times are usually much faster and the loan criteria and repayment terms can be tailored to the individual situation.

For would - be VA buyers, the good news is that it's usually a lower score than what you would need for a conventional loan (and considerably lower than what you'd need to have a shot at the best rates and terms on conventional loans).

While the changes to terms on the loans were very small, the average size of conventional mortgages used to purchase new homes, well as the price of the new homes purchased with the loans, increased by more than one percent.

FHA loans require only a 3.5 percent down payment and have more lenient lending standards than conventional loans, though borrowers have to carry long - term mortgage insurance.