Sentences with phrase «than other lenders when»

The VA might be more lenient than other lenders when it comes to credit scores, but it still needs to be good.

Banks tend to have stricter qualification requirements than other lenders when it comes to approving business loans.

Not exact matches

Although it's true that some lenders tend to weight the value of your personal score higher than others (banks and other traditional lenders fall into this category) when they evaluate your business loan application, most lenders include a review of your personal credit score when they evaluate your business» creditworthiness.

Based on how much money you want and when you need it, different lenders will be better than others.

However, it is important to consider factors other than rates when evaluating lenders, such as customer service and loan product availability.

Some refinancing lenders are more generous than others when it comes to student loan unemployment deferment and forbearance.

For one thing, its home loan rates and fees aren't particularly low when compared to mortgages at other banks, and they actually lead to higher costs than at most direct lenders.

Although decades of history have conclusively proved it is more profitable to be an owner of corporate America (viz., stocks), rather than a lender to it (viz., bonds), there are times when equities are unattractive compared to other asset classes (think late - 1999 when stock prices had risen so high the earnings yields were almost non-existent) or they do not fit with the particular goals or needs of the portfolio owner.

If however, a potential lender is evaluating a credit history when determining if they will extend a loan, some late payments may be more of a concern than others.

However, it is important to consider factors other than rates when evaluating lenders, such as customer service and loan product availability.

Since installment loans lenders consider criteria other than just your credit score when making lending decisions, that might mean that such people are more likely to qualify for this type of loan.

FHA is certainly sending a strong message to current and future approved lenders deviating from FHA guidelines (other than the ongoing practice of «investor overlay, which occurs when FHA lenders arbitrarily increase minimum credit scores and / or underwriting criteria for FHA loans).

Based on how much money you want and when you need it, different lenders will be better than others.

NDP: Update the Consumer Protection Act to cap ATM fees at a maximum of 50 cents per withdrawal; ensure all Canadians have reasonable access to a no - frills credit card with an interest rate no more than 5 % over prime; eliminate «pay - to - pay» by banks in which financial institutions charge their customers a fee for making payments on their mortgages, credit cards, or other loans; take action against abusive payday lenders; lower the fees that workers in Canada are forced to pay when sending money to their families abroad; direct the CRTC to crack down on excessive mobile roaming charges; create a Gasoline Ombudsperson to investigate complaints about practices in the gasoline market.

When you take the effect of points into account, Citi's online mortgage estimates present slightly higher rates and fees than similar products at other lenders.

Pulling a FICO scores costs money and has a negative impact on your score when someone other than yourself pulls it like a lender or employer.

Homeowners» Insurance: Required for all mortgage loans, protects the home from damage and theft Owner's Title Insurance: Optional policy ensuring the title will not be subject to a claim of ownership, lien or other encumbrance Private Mortgage Insurance (PMI): Required by most lenders when the down payment is less than 20 % Federal Housing Administration (FHA) Mortgage Insurance Premium: Required on all FHA loans Mortgage Life Insurance: Optional policy that protects family and estate by paying off the loan in case of death Disability Insurance: Optional policy that guarantees loan payments will be made in case of disability

Although it's true that some lenders tend to weight the value of your personal score higher than others (banks and other traditional lenders fall into this category) when they evaluate your business loan application, most lenders include a review of your personal credit score when they evaluate your business» creditworthiness.

Some lenders will automatically disqualify an application when the business owner has filed for bankruptcy less than five years ago — while others set the date at two years.

Lenders have a lot of flexibility when setting margins, caps, adjustment indexes and other things, so uneducated borrowers can get confused easily or taken advantage of by less than honest mortgage companies.

In a Nutshell: When you're a young adult with nothing on your credit report other than student loans and credit card debt for lenders to look at, not many people outside of your own family will offer you a loan — and your parents likely don't have the thousands of dollars you need for your first car or a down payment on a house.

The lender will use both of them when considering you for a loan (though one carries more weight than the other).

Other benefits of working with private lenders when seeking a second mortgage in Brantford include being able to get approval within a few days and more favourable rates than a credit card.

When you indicate on your loan application that you hold something other than U.S. citizenship, the lender must determine your residency status from the documentation you provide.

Upstart, like several other new online lenders, looks at more than just a borrower's credit score when deciding whether

The reality is, until you learn to spend less than you make, you will never truly reach financial freedom — the ability to make your own decisions, when you want to make them, without having to rely on someone else's approval (like say, from the bank, other lender or someone else).

When comparing lenders, you'll quickly see that they all offer different terms — which could make some lender's monthly payments look lower than others.

When it comes to private student loans, there are no such equivalent programs and those lenders are not required to offer any payment options other than the payment you agreed to.

When one spouse earns more than the other does, the combined income may entice some lenders to qualify married applicants.

Another key benefit is that they don't have a minimum cut - off when it comes to your credit score like some other lenders so you might be more likely to get a loan from One Main than other lenders — although if you've filed for bankruptcy they will likely not give you a loan.

It means that the lender, when seeking repayment of your loan, does not have legal recourse to anything other than your home's value.

Yun said that overly strict lending standards are holding back more robust sales: 2010 - vintage mortgage originations have a lower serious delinquency rate than in 2002, when serious delinquencies were barely above 1 percent, and 2011 is shaping up to be another stellar year in delinquency rates, but lenders are still requiring extraordinarily high credit scores and putting up other hurdles to obtaining financing.

When they later refinance into a larger loan and use the proceeds for purposes other than buying, building or improving, a portion of the mortgage interest they pay to the lender may not be deductible.