Sentences with phrase «than a typical loan»

A: Microloan interest rates are much higher than typical loan rates because their risks are higher: 12.5 % to 15 % is common.

And in many cases, it is actually much easier than your typical loan consolidation of credit cards.

Because IDR plans are calculated differently than a typical loan...

The form is generally much shorter than your typical loan application form.

The lower interest rates offered by these programs can add millions of dollars to the size of the loan that the property can support — up to 5 percent more loan proceeds than a typical loan, according to Fannie Mae.

Not exact matches

Loans take longer to repay: Since you're paying less each month, it will take longer than the typical 10 years on the Standard Repayment Plan to get out of student debt.

Gathering this information is more important for gig economy workers than typical borrowers, because you will have to work harder to convince a mortgage lender to approve a home loan.

Dollar for dollar, a typical condo loan will have stricter requirements and higher costs than a home loan for a standalone house at the same price.

It's typical for repaying the loan to cost more than twice as much as the original amount borrowed.

Payday installment loans — A plan to pay off a payday loan that is larger than a typical paycheck or because interest has grown too large.

FHA's flexibility makes 203k qualification drastically easier than for a typical construction loan.

However, in specific counties where the cost of living is higher than typical, and the typical home sale price is well above the national average, the FHFA assigns 2016 conforming mortgage loan limits to be a little higher.

The hybrid loan's pricing is also significantly jucier than typical investment - grade spreads of 143.7 bp for BBB - loans, the data shows.

To be clear, other than the size of the loan — which is way out of the normal range for a typical Apollo loan — nothing on its face suggests anything nefarious... but at the very least, there are some ethical questions with Kushner using the White House as a place to have meetings with people that then turn around and invest in Kushner's private business ventures.

CPC has consistently worked with small properties that have fewer than 50 units, and its typical loan size is about $ 2 million.

The White House said the plan would immediately offer lower rates to 11 million borrowers and save the typical undergraduate more than $ 1,500 over the life of the loans.

After a wait period of about maybe not even two years of good payment history on your credit since the bankruptcy was filed and a decent income, you may be able to qualify for a mortgage loan much sooner than typical.

Now, this is gravely different than typical installment credit or loans.

The typical auto loan drawn for a used car is substantially less than for a new model, with consumers borrowing an average of $ 19,329 for used cars and $ 30,621 for new.

A 3 month loan from wizzcash.com has a representative APR of 1265 % which is significantly cheaper than your typical payday loan.

Some credit unions offer Payday Lending Alternative loans, which are less expensive than typical payday loans.

A typical rate on an auto loan from a credit union is about 1.25 % less than what a bank can offer.

The problem with this approach is that while your children have the option to borrow money for college, you can't as easily take out loans to fund your retirement (and even if you could, they'd wind up being far more costly than your typical student loan).

Through its partnership with the USDA, Alaska USA is able to provide business members with larger loans that have longer maturity periods than typical term loans.

Chances are, you won't keep your loan much longer than that since the typical homeowner pays off a loan in just over eight years, according to data compiled by Bloomberg News.

Add into the mix the fear that they could end up ruining their credit and defaulting on their student loans while trying to start their company and that is likely more stress than the typical 20 - something can handle.

You will usually get funds to your business bank account within a week, which is speedier than a typical bank loan.

As a direct lender with a history dating back to 1938, we're able to offer a wider and more competitive array of flexible home loan options than those of typical brokers.

• Student loan holders and their agents, including the Educational Credit Management Company (ECMC), very aggressively fight discharge cases and are far less likely to settle out of court than in typical civil litigation.

A Loan Officer uses about five times the amount of paper to process their loans than a typical office worker.

Today, the typical loan is outstanding less than five years, according to Freddie Mac.

The typical 36 - month used - car loan costs around 5.03 %, according to our weekly surveys of major lenders, but you could probably do better than that if you shop around.

In reality: • A consumer's prospects of winning a student loan discharge case are slim and worse than in typical civil litigation.

This is because the typical student loan balance that college students are taking out is higher than it used to be, which also means that students are paying off their debt for a lot longer.

In addition to the typical types of auto insurance coverage, Elephant also provides protection for so - called underwater car loans, where the value of a car is less than the balance of the loan amount.

Credit card debt is unsecured and carries a higher monthly interest rate than a typical auto or home loan.

Interest rates for credit cards are much higher than a typical student loan.

Therefore, on a typical conventional loan, it can cost from $ 50 to more than $ 100 per month.

For example, student loans will generally have a lower interest rate, say 6 %, than credit cards which could have a typical rate of 15 - 20 %.

But for cohorts who entered repayment in the 2010s, a new pattern has emerged: the typical large - balance borrowers are falling behind on their loans with interest accumulating faster than they are making payments.

For example, a typical FHA mortgage loan today has an interest rate of less than 4 %.

Closing costs for VA loans tend to be lower than the «typical» loan costs of a purchase or refinance.

For example, a typical FHA 30 - year loan with an LTV less than 95 percent requires an annual mortgage insurance premium of 0.80 percent of the loan value.

The good news is the VA Funding Fee is lower on IRRRLs than for typical VA purchase loans and for the Cash - Out refinance.

Therefore, down payments and interest rates will be higher than for a typical home loan.

Both private equity and venture capitalists can be more expensive than your typical business loan — investors tend to want a higher return — but it could be worth it if you don't want to take on debt.

Some other types of typical home loans may offer a low or lack of down payment, but this often comes at the expense of a low interest rate, and home buyers will wind up paying even more than the amount of the down payment over time in interest.

Offsetting also tends to give you a lower loan - to - value (LTV) than is available on typical non-offset mortgages.

It is more of a riskier loan than a typical Mortgage Lloan than a typical Mortgage LoanLoan.

Over a typical 10 - year repayment period, the student's monthly repayment would be $ 37 higher than if he or she had borrowed the same amount through subsidized loans.