Sentences with phrase «than the borrower»

In most cases, if you qualify for financing, you will see much higher rates than a borrower with good credit would.

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

We are a direct lender focused on real estate equity rather than borrower credit and financials.

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

In most cases, if you qualify for financing, you will see much higher rates than a borrower with good credit would.

Additionally, jumbo loan interest rates are sometimes a bit higher than some borrowers may want to pay.

• In 2013, lenders were more eager to make loans than borrowers were to take out loans.

With a short sale, the borrower benefits because the bank takes less than the borrower owes on the mortgage.

Alternatively, some lenders may agree to short selling properties, meaning lenders accept less money than borrowers owe them to allow current owners to sell to new owners who can afford payments.

We are a direct lender focused on real estate equity rather than borrower credit and financials.

The borrower in the second scenario has a higher FICO score than the borrower in the first scenario.

Borrowers today have to provide a lot more documents than a borrower from, say, 2000 or 2003.

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

The truth is all debt has risk, and all debt is better for the lender than the borrower.

It means that the lender takes higher risk than the borrower does.

As regards to credit requirements, the need of a good credit score is essential because the lender has no other assurance of repayment than the borrower's credit behavior.

Those borrowers will receive a higher payment than borrowers who did not submit a complaint, but the officials would not say how much that would be.

Nevertheless, banks continue to make new construction loans faster than borrowers pay off old ones as they finish projects under development.

If your credit score is 650 or above, you will definitely pay less interest than a borrower whose credit score is lower.

Even borrowers with significant home equity, who typically can qualify more easily for a refinance than borrowers with little equity, struggle to overcome the income issued during retirement.

In short, they have more information than borrowers, putting borrowers at a disadvantage.

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.

Borrowers with a better credit score are likely to pay less for mortgage insurance than borrowers with bad credit.

Because hard money lenders evaluate the property more so than the borrower, interest rates and down payments will be higher.

Analysis of bankruptcy filings has demonstrated that borrowers with knowledgeable representation have a much greater likelihood of success than borrowers without counsel.

This part is especially critical when it comes to online cash advance lenders that may be based in a different state than the borrower's.

A cash out refinance involves a new mortgage loan that is larger than the borrower currently owes, allowing them to use the difference for their own desires.

On a regular repayment schedule, they have less financial leverage than borrowers with better incomes to pay down their debt early and keep up the pace with their interest rates.

If you fall into this range, you'll have fewer mortgage options than a borrower with good credit.

Comment; as to an active lender, often they will have better data on local business operations than a borrower does.

However, the deposit will usually accrue interest at a much lower rate than the borrower will pay on the loan.

With high - interest rates, balances often grow faster than a borrower can keep up with.

Because you're putting more money down, you're starting with more equity than a borrower with a lower down payment.

Also, you'll pay a higher rate than a borrower with documentation.

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.

If you are also very risk advserse, you can reduce your risk even more by only investing with borrowers who have a pristine credit profile and are less likely to default than borrowers with lower credit scores.

While this option may be more inexpensive than borrower - paid, it is not necessarily the most «affordable», as most borrowers who require mortgage insurance often can not afford this hefty up - front cost.

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.

If you are able to borrow money for a car or other large purchase, you'll face higher interest rates and shorter repayment terms than borrowers who haven't discharged their debts in bankruptcy.

First - time homebuyers and young adults just starting in their careers who have yet to build a large income or big nest egg are facing stiffer guidelines than borrowers had to handle in the past.

Collection agencies may harass co-signers to obtain payments if they think chances are better of recovering money from co-signers than the borrower.