Sentences with phrase «than the traditional loan process»

Not exact matches

There are still regulations, of course, but all - in - all, the process is much less complicated than setting up a bank, credit union, or traditional loan company to cater to people's financial needs.

Fueled by web - based tools that speed up the application process, a new paradigm for evaluating credit worthiness, and the ability to leverage technology to help them determine eligibility (often in under an hour), these lenders may approve business loans that might be overlooked by traditional banks, and can typically do it in much less time than their traditional counterparts.

Finally, Guaranteed Rate's convenient web interface grants users greater control over their loan application than you'll find in the traditional lending process.

While it is difficult to get an exact prediction of how much faster online lending is than offline lending (since there can be a great deal of variation in both traditional and online loan processes), it is safe to say that, that online lending does not have the hassle of setting up appointments or going to branches.

In general, the process of applying for and receiving an online loan is faster than for a traditional loan.

Going through the long and arduous application process for a traditional personal loan from a bank could take far longer than the amount of time you have to get the money you need.

The auto title loan process with LoanMart is generally much speedier than that of a traditional lender (like a bank or credit union) and some of our competitors.

While it's a good idea to establish access to a line of credit before you need it, even a last - minute application and approval process is typically shorter than a traditional loan request.

loanDepot Combines Service and Technology to Disrupt the Traditional Lending Process with More Than $ 125 Billion in Loans Funded Since 2010

While ApplePie Capital takes up to 30 days or more to fund, it is certainly much faster than a traditional loan application process and offers some of the largest loans among online marketplace lenders.

Overall their payment system is still much more workable than that of a traditional bank loan process.

However, while VA and traditional loans can be used to purchase a short sale, the short sale process is more complicated than a typical closing.

We stream line the process so borrowers get through the process faster than any traditional bank or loan store.

A typical VA Loan can require more paperwork than a traditional loan, but we have streamlined the process for our clieLoan can require more paperwork than a traditional loan, but we have streamlined the process for our clieloan, but we have streamlined the process for our clients.

They have a simple and streamlined application and approval process that are much faster than traditional bank loans.

Since personal loans can be obtained through a variety of independent and online lenders, expediting approval within 24 hours is not unlikely, since the general turnaround process is more streamlined than that of a traditional bank or financial institution.

As a hard money lender, Montegra has more flexibility in our underwriting process than banks and other traditional lenders do, allowing us to fund loans that they can not.

One of the main reasons that private capital lenders are able to do this is that their underwriting process focuses on the value of property itself and their loan - to - value (LTV) rates are lower than those of traditional lenders (typically 50 to 65 percent, depending on whether or not the property is developed).

A typically Hard Money Loan's required docs & closing processes are less stringent than traditional Banks.

As a direct lender, Montegra has more flexibility in our underwriting process than banks and other traditional lenders do, allowing us to fund loans in short time frames so that investors don't have to worry about missing out on deals while they wait for their loan application to be approved.

Fannie Mae HomePath loans tend to close faster than traditional loan because an appraisal does not have to be completed... this saves about 7 days in the approval process.