Sentences with phrase «than borrowers who»

FICO says its research has shown that borrowers who have recently taken on new debt are more likely to become delinquent or miss loan repayments than borrowers who have not opened new accounts.

As noted by some of the commenters, the amortization periods account for the typical outcome that borrowers who enroll in higher - credentialed programs (e.g., bachelor's and graduate degree programs) are likely to have more loan debt than borrowers who enroll in lower - credentialed programs and, as a result, are more likely to take longer to repay their loans.

Here's another one from the same report «borrowers who use a mortgage broker pay less, on average, than borrowers who negotiate with lenders directly».

Studies have shown that students who take on debt without graduating are three times more likely to default on their loans than borrowers who earn their degree.

That's significantly lower than the borrowers who refinanced a conventional loan; they had an average credit score of 729.

If your credit problems can not be explained, you will probably have to pay more than borrowers who have good credit histories.

Per HUD: Borrowers with «no - cost» loans effectively pay $ 1,200 less for loan origination services than borrowers who pay some lender / broker fees in cash.

Finally, it is a simple fact that banks and financial institutions get higher returns from credit card users than borrowers who make unsecured personal loans.

Because you're putting more money down, you're starting with more equity than a borrower who would have a smaller down payment.

This option gives you an advantage when dealing with a potential seller, because the seller will know that you are much further along in the process of obtaining a loan than a borrower who is just pre-qualified.

Lenders will take into consideration why the person lost their home previously, and they're much more likely to try again on a borrower who lost their home due to a job loss than a borrower who walked away on their prior home even though they could still afford the mortgage payments.

Not exact matches

Rich Palma, president of Golden Pear Funding, said plaintiffs who take out advances receive better protection than borrowers may in other lending situations, because their own lawyers typically review, and often sign, advance agreements.

ANZ Banking Group subsidiary Esanda has agreed to compensate more than 70 borrowers who took out car loans worth $ 1.38 million through Victoria Park - based broker Get Approved Finance.

More than two - thirds (67.3 %) of funding requests are approved by alternative lenders, who picked up the slack from the SBA slowdown and are now offering more lucrative terms to borrowers.

Borrowers who are out of college or are attending classes less than half - time can consolidate their federal student loans.

It sent buyers to eight dealerships in eastern Virginia and found that white borrowers with weaker credit profiles got less expensive financing options and more favorable treatment than their nonwhite counterparts who were more financially qualified.

Many credit unions are willing to work with borrowers who have poor to fair credit, and they may be able to offer you an unsecured loan and / or a lower interest rate than OneMain.

Online lenders like OnDeck will work with a borrower who has a slightly lower credit score than that, provided they have a healthy business and can demonstrate that their business is able to repay the loan.

For borrowers who qualify for the lowest rates or who want to use a loan for reasons other than debt consolidation, Discover may be a better option than Payoff.

Federal loan borrowers whose bills are more than 10 % of discretionary income, and who started borrowing money for school after July 1, 2014.

Additionally, borrowers who take out more than one SoFi loan product can receive a 0.125 % Member Rate Discount on the additional loan.

Federal loan borrowers whose bills are more than 10 % of discretionary income; who were new direct loan borrowers on or after Oct. 1, 2007; and who took out another direct loan on or after Oct. 1, 2011.

Borrowers who opt for Earnest student loan refinance options can call and speak with an Earnest employee, rather than someone at a third - party servicer, to resolve any questions or issues that may arise.

In addition, borrowers who have lump - sum payments made on their behalf under a student loan repayment program administered by the U.S. Department of Defense may also receive credit for more than one qualifying PSLF payment.

OnDeck is also better for borrowers who want term loans of more than $ 300,000.

For borrowers who reported a remaining term of more than 25 years on their existing loans, savings values are calculated based on 25 years worth of payments.

Repayments of principal could also slow in the months immediately following an increase in interest rates, if borrowers who were making more than the contractually required repayment chose to maintain their total repayment as interest rates rose, thereby allowing the amount of principal repaid to fall.

While you may be paying mortgage insurance for the life of your FHA loan, borrowers who have established more than 20 % equity in their new mortgage are eligible to remove mortgage insurance with a conventional loan.

Borrowers who are interested in an FHA Purchase Loan must be able to make a down - payment of at least 3.5 % (which can be a gift), must live in the property they are purchasing and have a debt - to - income ratio no higher than 50 - 55 % (depending on their credit history).

Today, PMI works in much the same way: Borrowers who put less than the customary 20 percent down are typically required to purchase mortgage insurance to cover potential losses for the lender.

In general, personal loans make the most sense for borrowers who can score a lower interest rate than what they're currently paying or have more than $ 15,000 in debt to consolidate.

Prospective borrowers who are self - employed or own more than 20 % of a company may need to provide a little more information to help verify your source of income.

Borrowers who obtain a mortgage through the Federal Housing Administration (FHA), most loans administered through the Department of Veterans Affairs (VA), and homeowners who have put down less than 20 % (10 % in California) are typically all required to have a mortgage impound account.

Butlermortgage.ca has access to more than 45 Canadian lenders who offer a wide range of home equity products for all types of borrowers.

For older borrowers who rely on student loans to finance their own education, government statistics show their default rate is much higher than that of younger borrowers.

SoFi is a good option for qualified borrowers who want to borrow more than $ 40,000.

«At Directed Capital we are always looking to provide solutions for Main Street that traditional lenders do not have the capability or flexibility to assist with,» said Directed Capital's CEO Chris Moench, who has specialized in acquiring and repositioning debt for more than 25 years, «With the increase to our credit facility from our longtime lender Goldman Sachs, we were able to acquire these FDIC loans and expect to continue our long tradition of helping borrowers re-access traditional financing channels, while providing investors with superior returns typically uncorrelated with the market.

Neil Barofsky, special inspector general for the Troubled Asset Relief Program, recently testified that fewer than 400,000 homeowners have had their mortgages modified, just a small percentage of the millions of borrowers who were supposed to get help from the federal program,» the letter said.

Recent analyses of administrative data suggest that borrowers who leave college without earning a degree are at even greater risk of default than those who graduate, even if they graduate with more debt.

Congress should instead focus on fixing the real problems in student lending rather than wasting taxpayer dollars on borrowers who need help the least.

There are surely better uses for scarce taxpayer funds than subsidizing borrowers who are in the upper half of the income distribution and who hold graduate degrees.

And keep in mind, sturdy, better quality books are an important selling point to librarians who are interested in books lasting for more than a few borrowers.

Luckily for Missouri residents who have less than impressive credit history, lenders of title loans do not discriminate against borrowers with poor credit scores.

Remondi also used the interview to defend Navient's successes with student loan borrowers, saying it leads the industry in number and percentage of borrowers who are enrolled in income - driven repayment plans, has the lowest level of severely delinquent borrowers, and the lowest level of defaults in the industry at a rate that he says is 31 percent lower than peers.

Having mortgage insurance makes originating high loan - to - value (LTV) loans safer for the financial institutions we serve, allowing them to reduce their risk and lend to credit - worthy borrowers who bring less than 20 percent down to the table.

For borrowers who aren't customers, who want a line of credit or who want more than $ 30,000, you'll need to call or stop by a branch in person.

Bottom line: Credit unions offer lower rates than many banks, and most credit unions are open to borrowers who don't have great credit.

But critics said there was no way this alleged bargain favored borrowers, who inevitably paid far more in extended interest than they ever received in hair - splitting «reduced» interest rates.

PMI is typically only required for those who put less than 20 percent down on their mortgage, but with today's lower home values, borrowers who were able to skip PMI in their initial purchase may find that they aren't immune to this requirement when they apply for a refinance.

It's provided to borrowers who have met the requirements for borrower benefit programs, and have earned more benefit dollars than they paid in eligible student loan interest during the calendar year.