Sentences with phrase «than traditional banks»

It is significantly easier to secure a hard money loan than a traditional bank loan.

Bad credit mortgages have higher interest rates than traditional bank loans.

These can offer higher rates than traditional bank accounts.

When looking at the terms of your agreement, you may have concerns that the interest rates appear higher than traditional bank loans.

When you get a loan through a private lender, the funds are going to be readily available much faster than a traditional bank loan.

This is because they have fewer overhead costs than traditional banks.

Life insurance companies often offer these cash - value loans at interest rates lower than a traditional bank loan.

Another data point to watch is the increasing number of individuals who rely on mobile banking rather than traditional banking options.

Is it that much better than a traditional bank, or even other online banks?

Despite the strict terms and payment conditions, more people prefer these loans, which are more flexible than traditional bank mortgages.

The new independent lenders use different criteria than a traditional bank or credit union to evaluate how likely a person is to repay a loan.

Credit unions are known for offering lower interest rates and fewer fees than traditional banks, so consider these lenders if you want to use a credit union for your mortgage.

Credit unions tend to be more flexible than traditional banks and they work with a wider variety of people.

This system is relatively faster than traditional bank transfers.

They are also easier to qualify for and have a faster application process than a traditional bank loan.

Banks are able to offer higher yielding accounts online because they come with less overhead expenses than traditional bank accounts.

It can be pricey, and factors are generally less regulated than traditional bank lenders.

For those who'd like to become borrowers, this peer - to - peer lending site can offer fixed rate loans that are potentially less costly than traditional bank loans.

We can provide an answer much quicker than a traditional bank can as well as funding your project in record time.

Individuals seeking a mortgage loan should consider factors or circumstances that may make a mortgage lender a better choice than a traditional bank.

A customer service report found that credit unions also have happier customers than traditional banks.

Auto title loans are typically repaid more quickly than traditional bank loans and come with much higher finance charges.

Title loans are treated differently than traditional bank loans because they are secured.

Another option is receiving financing through a credit union, which are known to be more forgiving to those in poor credit situations than traditional banks, and oftentimes offer lower interest rates.

The best refinance rates among direct lenders in the state were lower than traditional banks regardless of term length or loan type.

Private lenders often provide bad credit mortgages with higher interest rates than traditional banks due to the risk typical in this kind of investment.

This means that the loan can have a competitive interest rate but may also be slightly easier to qualify for than a traditional bank loan.

An alternative credit check is faster more easier way to get you approved than the traditional bank credit check.

Online banks usually give you much better rates on CDs than traditional banks.

Fortunately, there are better ways to cash out of your investments than traditional bank accounts.

Online banks do not have to account for significant infrastructure and overhead costs, which allows them to offer higher returns than traditional bank branches.

Hard money loans also have lower loan - to - value ratios than traditional bank mortgage loans, since the only protection against default by the borrower is the property itself.

Real estate investors and developers commonly use these types of loans to fund their projects because they are easier and faster to obtain than traditional bank loans.

For example, they have the ability to issue you a term loan that is longer than a traditional bank, which will lower your monthly payment.

Hard money loans are significantly more expensive than traditional bank loans.

Without a costly branch network to support, we have lower operating costs than traditional banks — and we pass those savings on to our customers!

Real estate agents are more likely to sign a deal with a buyer who is backed by hard money rather than a traditional bank loan which could be pulled during escrow.

In general, online - only banks charge smaller amounts for each of these fees than traditional banks, and in some categories they charge no fee at all.

These online institutions don't require minimum balances or monthly maintenance fees and pay higher interest rates than traditional banks on their savings accounts.

When acquiring a bad credit loan, the interest rates are higher than a traditional bank's interest rate would be.

They are also easier to qualify for and have a faster application process than a traditional bank loan.

Since a bad credit mortgage is considered risky, lenders may charge more in fees and interest than a traditional bank lender.

The good news is that the application process can be completed in less than an hour, and the paperwork requirements are far less than a traditional bank loan.

Downside: Be aware that these loans can come with higher fees or shorter repayment terms than traditional bank loans — and generally aren't meant for startups.

The bottom line, Robson says, is «there are many options out there other than traditional banks.»

Keep in mind, though, that these cards come with different fees, rules and protections than traditional bank accounts, and they lack many of the money management features that are increasingly common with online and mobile banking apps.

In exchange, Barclays is able to offer flexible requirements and higher APYs than the traditional bank.