Sentences with phrase «than lenders usually»

You can refinance with an FHA loan even if you have little or no equity in your home, a much lower credit score or higher debt than lenders usually accept.

Not exact matches

A collection agency, whether through the US government or private lender, won't usually settle a defaulted student loan debt if it's less than the amount that the lender is likely to receive over the life of the original loan — so negotiation is essential during settlement talks.

Venture lenders (individuals or groups with a pool of money, or specialized banking organizations)-- they may provide term and short - term loans to technology businesses earlier than these loans would become available from traditional financial institutions; however, these loan facilities are usually reserved for businesses that have received venture capital investment and / or can demonstrate their ability to make loan payments from cash flow.

This is actually lower than the minimum down payment for FHA loans, which is usually 3.5 % even with a government guarantee to the lender.

Angel investors provide more favorable terms compared to other lenders, since they usually invest in the entrepreneur starting the business rather than the viability of the business.

You are also usually dealing with a very motivated lender who wants to get rid of this property (especially if it's been on the market more than 30 days).

If you can pay an installment loan down so that there are fewer than ten payments left, mortgage lenders usually drop that payment from your ratios.

When financing with an asset - based lender, reporting requirements usually are more stringent than with conventional lending.

Note that if your loan amount is smaller, you may pay less if the lender wraps all charges into an origination fee (usually, but not always, 1 percent of the loan amount) than you would if you paid separate fees of several hundred dollars each.

Because credit unions don't lend to make a profit, the interest rates tend to be lower, the fees are usually fewer, there are no origination fees, and the repayment terms tend to be more flexible than the terms offered by traditional lenders.

Because credit unions don't lend to make a profit, the interest rates tend to be lower, the fees are usually fewer, there are no origination fees, and the repayment terms tend to be more flexible than the terms offered by traditional lenders.

Online car loan lenders deal with thousands of loans, and can usually find you a better deal than your local car dealerships.

What is more, the interest rate that is charged is usually much higher than with normal loans, with some lenders charging as much as 30 %.

Again, interest rates are usually a bit higher than the interest rates you'll encounter from traditional lenders when you go with an installment loan.

It is usually higher than that charged on secured loans, for the simple reason that the lender is accepting a greater risk of losing on the investment.

Now the interest rates on these bad credit loans are usually arranged with larger than market rate interest rates because of the risk you may present to the lender.

Lenders claim to offer lower interest rates but usually the interest rate charged is never reduced more than a perceptual point.

This is actually lower than the minimum down payment for FHA loans, which is usually 3.5 % even with a government guarantee to the lender.

While the interest rate that you will pay to borrow money when taking out a payday loan will be more than you would pay if you were approved for a traditional loan, it is not usually higher than ten percent - although that figure can vary from lender to lender and may be based partially on the amount that you borrow.

Lenders will usually extend credit if your monthly obligations are less than 40 % of your gross income, says mortgage broker Robert McLister, but you'll want to stay below that number to protect yourself against rising interest rates.

«The incumbent lender will typically price higher than the best market rates, unless they feel the customer is likely to leave, in which case they'll usually negotiate.»

We can save members from paying many fees and associated closing costs as our costs are usually much lower than what other lenders charge.

Additionally, some lenders will require borrowers to maintain higher bank balances than typical applicants usually must have.

Credit scores are usually not an issue to lenders, as they know that your new payment would be much lower than a combination of the monthly payments on all your credit card accounts.

It's usually a better option to make electronic payments directly to your lender or loan services rather than second - party electronic bill payment services.

Peer - to - peer lending standards are significantly more lenient than banks», and these loans» interest rates are usually lower than those offered by traditional lenders, but the rates will likely exceed those on high - yield savings accounts, so you stand to make a much higher return with peer - to - peer lending.

Dealerships work with a variety of lenders and can usually match or provide a lower loan rate than what you may have been quoted.

Because a home equity line of credit is secured by your home, meaning the lender could foreclose on your home if you defaulted on your loan, you can usually obtain a lower interest rate on a HELOC than you'd get with a personal line of credit.

Note that if your loan amount is smaller, you may pay less if the lender wraps all charges into an origination fee (usually, but not always, 1 percent of the loan amount) than you would if you paid separate fees of several hundred dollars each.

Owner's policies are typically cheaper than lenders» policies because the amount involved is usually lower.

Since modular homes are more likely to appreciate than manufactured homes, it's usually a little easier to find an accommodating lender for these homes.

Another benefit of Best Egg is that you can borrow up to $ 35,000, which is more than many online lenders usually allow.

This annual percentage rate, or APR, is usually higher than your loan's interest rate because it includes lender and third - party fees you pay to get the loan, including charges designated «PFC.»

Usually, lenders are not willing to entertain applications for sums more than $ 25,000.

One advantage of working with an online lender is that it usually takes less time to get your loan funded than it would with a regular bank.

Direct lender rates for purchases were usually multiple basis points lower than estimates for the same mortgage at Massachusetts bank lenders.

Lenders usually define long - term debt as monthly expenses extending more than 10 months into the future.

Of course, a secured loan application is not going to be so readily rejected, but even with unsecured loans, the terms available from online lenders are usually better than any banks can offer.

Now start - up business are very risky to lenders (only 1 in 2 survive more than 5 years), so banks are usually stricter in approving business credit cards for start - up businesses.

Most lenders look favorably on this type of loan since the increase in property value is usually greater than the amount of money being borrowed.

Most lenders will usually allow a score of no less than 640 for the 203 (k) but some may still allow a score as low as 620.

Usually it's a combination of the two ** We will likely see a bucking of the trend of increased delinquencies in subprime auto ABS pools; tightening of underwriting standards will help auto lenders keep their funding costs lower * If there's a large macro event or shock, such as unemployment rates rising, there will actually be a much bigger impact to prime auto bonds rather than subprime.

Some online lenders offer loan amounts as low as $ 1,000, but they usually have higher interest rates and fees than banks.

Most Unionville mortgage brokers have access to a limited number of lenders, usually less than 20.

The average mortgage broker in Scarborough has access to a limited number of lenders, usually less than 20.

This is partly because these loans are usually considered cash - out refinances, which lenders consider riskier than standard rate - and - term refis.

Lenders usually expect some back and forth on the offer, so you shouldn't be afraid to negotiate — especially if you have more than one offer.

Keep in mind that unsecured loans usually have a greater interest rate attached to them than their secured counterparts; however, by obtaining your loan online, you will probably get about the same rate as traditional walk - in lenders would charge you for a secured loan.

The reason for this is that you are able to borrow a larger sum of money than most other loans offer and you will usually pay a lower interest rate than with other lines of credit or other loans because there is less risk for your lender.

Lenders usually don't want you spending more than 36 % of your total income on recurring monthly debts.