Sentences with phrase «to guarantee a portion of the loan»

Private mortgage insurance guarantees a portion of the loan that t the buyer did not make as a down payment in a conventional loan.

The VA guarantees a portion of the loan amount to the lender in case of default to lessen the risk and enable them to offer veterans more favorable loan terms than they could otherwise qualify for.

However, the U.S. SBA guarantees a portion of the loan, usually 50 % to 85 %, depending on the loan program.

Loans from those programs do not come from the SBA directly; rather, the Administration guarantees a portion of each loan made by nonprofit and community partners across the country.

To make homeownership more attainable for servicemembers and veterans, the Department of Veterans Affairs established the VA Home Loan, which guarantees a portion of the loan and enables us to provide you with more favorable loan terms.

The VA will guarantee a portion of your loan when you apply for one from a bank.

Competitively low interest rates, made available from the Department of Veterans Affairs guaranteeing a portion of each loan.

The Department of Veterans Affairs oversees the program and guarantees a portion of each loan in case of default.

VA Home Loans are provided by private lenders, with VA guaranteeing a portion of the loan, enabling the lender to provide you with more favorable terms.

Because the SBA guarantees a portion of each loan, there is a guarantee fee for each 7 (a) loan.

The SBA's role is not to lend money but to guarantee a portion of the loan made by participating lenders, usually banks.

These fees are based on the loan amount and the repayment term, with the actual fee being assessed on the guaranteed portion of the loan.

This fee is assessed on the guaranteed portion of the loan, not the total loan amount.

That's why it will look for help from one of those government programs to guarantee a portion of the loan.

Current guarantee fees range from 0 % to 3.75 % of the guaranteed portion of the loan.

Instead, the agency is guaranteeing a portion of a loan that's being issued by an approved lending institution.

The SBA will assess a guarantee fee on the guaranteed portion of the loan.

The guaranteed portion of the loan would be $ 300,000 ($ 400,000 x 75 %).

The fee is between 0 % to 3.75 % of the guaranteed portion of the loan.

That's because the U.S. Department of Veterans Affairs (VA) does not issue VA loans, they guarantee a portion of the loans to the lender on behalf of qualified buyers.

7 (a) loan guaranty fees are based on the loan amount and maturity date and apply only to the guaranteed portion of the loan.

Because the SBA guarantees a portion of the loan, these loans are a little easier to qualify for than a conventional loan.

You can also opt for a variable interest rate or a combination of a fixed and variable interest rate (e.g., a fixed interest rate on the guaranteed portion of the loan and a variable rate on the unguaranteed portion).

They guarantee a portion of the loan and this makes the lenders to give your more favourable rates and other terms.

VA guarantees a portion of the loan, enabling the lender to provide you with more favorable terms.

However, with borrower - paid mortgage insurance, the government can guarantee a portion of the loan.

• SBA 7 (a) loan fees are on the guaranteed portion of the loan, with no fees on loans of $ 150,000 or less, and additional savings for veteran - owned small businesses

The VA guarantees a portion of your loan to the lender to help mitigate some of the risk the lender assumes when lending money.

While the bank is providing the actual loan, the SBA is guaranteeing a portion of that loan.

What that means is that the lender lends the funds and the VA guarantees a portion of the loan.

In one deal, he says, the prospective buyer was deemed not creditworthy by the lender, so Ritter convinced the seller to guarantee a portion of the loan.

That's why it will look for help from one of those government programs to guarantee a portion of the loan.

VA Home Loans are provided by private lenders, such as banks and mortgage companies; however, the VA guarantees a portion of the loan, enabling the lender to provide more favorable terms.

VA guarantees a portion of the loan, enabling the lender to provide you with more favorable terms.