Sentences with phrase «than a standard loan»
You'll be eligible for a lower monthly payment on your student loan because your payment will be based on income, rather than a standard loan amortization schedule.
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A loan that requires less financial documentation to prove income, assets and liabilities than a standard loan.
These loans are guaranteed by the Federal Housing Administration and thus allow borrowers to post much smaller down payments than a standard loan.
That said, a loan from family or friends offers more flexibility than a standard loan, since the close connection may mean they're willing to accept reduced or no interest and deferred payments until your business is generating revenue.
It just may take a little more legwork than standard loans require.
Jumbo loans are designed for buyers who are purchasing or refinancing a home that is priced higher than the standard loan limits in their area.
These loans are guaranteed by the Federal Housing Administration and thus allow borrowers to post much smaller down payments than a standard loan.
That said, a loan from family or friends offers more flexibility than a standard loan, since the close connection may mean they're willing to accept reduced or no interest and deferred payments until your business is generating revenue.