Sentences with phrase «time borrowers who»

Many of these are the first - time borrowers who helped fuel the growth we saw in home sales over the last few years.

FHA loans are a good option for first - time borrowers who don't have a lot of funds available for a down payment or who need a loan with more flexible income requirements.

Our company may provide a path to home financing solutions to consumers who are self - employed, have bad credit and who may be considered a first time borrower who does not meet the requirements of most conventional mortgage lenders.

For example, a first - time Borrower who has done less than 2 - 3 deals, especially if those transactions occurred more than 6 - 12 + months ago, will be paying the highest rates & fees of anyone.

Not exact matches

The PSLF, established by President George W. Bush in 2007, allows student loan borrowers who pursue government or non-profit public service jobs to wipe out their remaining debt after 10 years of on - time payments.

Expansive in that, according to The New York Times, it could add up to billions of dollars in debt being forgiven, but also under - exploited in that so far, it's only a small number of borrowers who have actually stood up to the lender in court seeing relief.

As The Times reported, the benefit so far has been mainly for borrowers who had already stopped paying the loans and sent them into default.

Borrowers who are out of college or are attending classes less than half - time can consolidate their federal student loans.

Borrowers who take advantage of this special, limited - time consolidation option would also receive up to a 0.5 percent reduction to their interest rate on some of their loans, which means lower monthly payments and saving hundreds in interest.

Lenders who specialize in first - time homebuying offer FHA loans or other programs with low down payment requirements, as well as loans to borrowers with lower credit scores.

Certain borrowers who show an exceptional financial need at the time of applying for federal financial aid may qualify for Federal Perkins Loans.

There are borrowers who have had an interest - only loan for some time but haven't accumulated offset or redraw balances of substance.

The Company specializes in originating loans for first - time business borrowers who can not get a loan from a bank, and provides ongoing credit - monitoring and advice to ensure clients improve their business credit in an effort to qualify for a bank loan.

First - time mortgage lenders generally provide loans to those who have never owned a home, although borrowers may still qualify for a loan even if they have previously owned a home.

This makes it important to weigh the value of access verses a lower interest rate in some circumstances — this is true even for very creditworthy borrowers who would otherwise qualify for a traditional commercial loan at the bank but their loan purpose doesn't give them the luxury of time required to wait for a traditional bank loan.

This also is beneficial to borrowers who have a proclivity to forget to pay bills on time or who have a tendency to misplace bills.

Borrowers who have recently graduated from college and have not had enough time to build their credit history and income can have a difficult time qualifying for student loan refinancing through a private lender.

Borrowers who have private student loans do not have the option to change their selected repayment plan after the loans have been dispersed, while federal student loan borrowers may request a change to their repayment program should their financial circumstances or needs change oBorrowers who have private student loans do not have the option to change their selected repayment plan after the loans have been dispersed, while federal student loan borrowers may request a change to their repayment program should their financial circumstances or needs change oborrowers may request a change to their repayment program should their financial circumstances or needs change over time.

Not be currently enrolled in school; borrowers with verified graduate degrees may apply while in their grace period, while graduates with bachelor's degrees must have made at least three on - time payments, and those who have not earned a degree must show proof of twelve on - time payments

Neither forbearance nor deferment count as default on a student loan which is incredibly beneficial for borrowers who may experience unexpected unemployment or a significant decrease in income for a period of time.

A Marcus personal loan is a great choice for creditworthy borrowers who want to consolidate debt or make a large, one - time purchase or investment.

Borrower «A» (who used a 30 - year mortgage loan) ended up paying nearly three times as much in total interest over the life of the loan.

The price of a variable rate loan will either increase or decrease over time, so borrowers who believe interest rates will decline tend to choose variable rate loans.

It also suggested credit providers were becoming more picky about who they would lend credit to at a time of regulator - driven curbs that have seen commercial lenders increasingly raise costs for borrowers on investment loan products such as interest - only loans, Mr Shilbury said.

A popular choice for first - time homeowners, FHA loans are a great way to secure financing for borrowers who have less money to put down on a new house and lack the credit history to qualify for a conventional loan.

The Self Select ISA is for experienced P2P investors who have the time to hand - pick which businesses they want to lend to, making sure borrowers match their appetite for risk.

The Secret World of Arrietty (DVD & Blu - ray) This isn't the first time there's been a movie about the Borrowers, author Mary Norton's miniature thieves who only steal what they need to survive.

Note that slight discrepancies between Figure 1 and the estimated 12 - and 20 - year default rates among borrowers shown in table 1 are due to the fact that the precise timing of defaults is unknown for a small fraction of defaulters, who are included in Table 1 but excluded from Figure 1.

Prior to 2011, e-book borrowers were able to check out several formats of e-books from their local libraries — including ePub, the free, «universal» e-book standard set by the International Digital Publishing Forum (IDPF) since 2007, used by Kobo, Barnes & Noble, Sony, and Google Books.50 However, e-book borrowers could not check out books on Amazon's Kindle, the predominant e-reader at the time.51 In 2011, however, Amazon partnered with OverDrive, and in September 2011 library patrons who own Kindles were able to borrow Kindle books from public and school libraries in the United States.52

Now is the time to focus on ensuring that the FHA is not overexposing taxpayers to undue risk and refocus the agency on its core mission of serving borrowers who need 100 % government - backed home loans.

The basic FHA loan fits perfectly with what most borrowers want today, especially first - time buyers who have not had much time to accumulate equity.

Borrowers who do not end up graduating have an even harder time purchasing a home as they face decreased earnings and a higher risk for missing payments.

OneMain also rewards borrowers who pay on time or complete personal finance education by offering points redeemable for gift cards.

Borrowers who default on their student loans also have a much harder time purchasing a home in the future as the delinquency stays on their credit report for seven years.

The graduated repayment program is designed to help borrowers who have low incomes now but expect to see their earnings rise over time.

As used in this paragraph, a «Covered Borrower» means any person who, at the time such person becomes obligated on a loan transaction or establishes an account for consumer credit, satisfies the requirements under any one or more of the following classifications, or is otherwise under applicable laws deemed to be a «Covered Borrower» under the Military Lending Act, 10 U.S. Code Section 987: (a) An active duty member of the Army, Navy, Marine Corps, Air Force or Coast Guard, or a person serving on active Guard and Reserve duty (a person described in this clause (a) of the definition of «Covered Borrower» is hereinafter referred to as a «Service Member»); or (b) Any of the following persons, relative to a Service Member: (1) The spouse; (2) A child under the age of 21; or (3) If dependent on the Service Member for more than one half of such person's support, any one or more of the following persons: (i) A child under the age of 23 enrolled in a full time course of study at an institution of higher learning; (ii) A child of any age incapable of self support due to a mental or physical incapacity that occurred before attaining age 23 while such person was dependent on the Service Member; (iii) Any unmarried person placed in legal custody of the Service Member who resides with such Service Member unless separated by military service or to receive institutional care or under other circumstances covered by Regulation; or (iv) A parent or parent - in - law residing in the Service Member's household.

This is especially beneficial for borrowers who want to target a specific loan to pay it off early or those who find themselves with extra money at different times of the month.

The lender also grants «late fee forgiveness» and refunds its $ 25 late fee to borrowers who make three consecutive on - time payments after one late payment.

However, borrowers who use a cosigner to qualify for a refinanced student loan initially do not have the option to request a cosigner release at any time during repayment.

Students who borrow from the federal government have a wide variety of options available to them when it comes time to repay; in fact, one part of the StudentAid website is dedicated solely to outlining payment plans and explaining to borrowers how to choose a repayment plan that best fits their needs.

Offering sufficient collateral shows a lender that you are a responsible borrower, one who will do everything possible to repay your loan on time.

Borrowers who catch the problem on time still end up in most cases placed in forbearances which can lead to capitalization of interest or delays in public service forgiveness time periods.

For starters, there are no origination fees and no prepayment penalties for borrowers who pay off their loans ahead of time, reducing the cost of a loan.

Other things that changed with the BCA include disallowing the Department of Education from offering repayment incentives such as interest reductions or rebates to encourage on - time payments, though they are still allowed to offer rate reductions if you are a Direct Loan borrower who has opted to have your payments automatically withdrawn from your bank account.

The usual deal with home private - sector loans is that originators — the folks who sign you up for a nifty new mortgage — must actually buy back the loan if the borrower fails within 120 days or at any time if the origination involved fraud.

An interesting item in the HUD study was that borrowers who opted for no - cost loans realized more benefit than would be expected — they did pay a higher interest rate to compensate for having no loan costs, but the increased rate did not offset the cost savings most of the time.

Prospective borrowers who are working in a field that utilizes their skill set or previous work in the military can often overcome that shortfall in terms of time on the job.

For borrowers who are making their payments on time but are on the verge of default, the Obama administration's loan modification program can reduce their credit score as much as 100 points.

Keep in mind, however, that paying your car off over a longer period of time is an option that should be considered for those borrowers who do not wish to face a big monthly payment.

However, the 30 year fixed rate mortgage is recommended for borrowers who intend to stay in their house for a long period of time.