Sentences with phrase «to qualify for a larger loan»

18 - year - olds with no cosigner or parental support qualify for the largest loan amount.

If you choose an ARM, you'll likely be able to qualify for a larger loan because of the low introductory rate.

Experienced Mortgage Analysts (or Loan Officers) have many tools to lower debt ratios to help borrowers qualify for a larger loan.

If you've been in business longer than six months, you may be able to qualify for a larger loan up to $ 50,000.

I suppose raising the conforming loan limit could help with that, allowing some to more easily sell their homes to buyers who would now qualify for larger loans.

Over the last decade, many mortgage lenders begin offering exotic mortgage products to help individuals qualify for larger loans to buy larger houses with a lower down payment.

Lower rates allow the borrower to qualify for a larger loan since the approval process is based on the monthly payment.

And, for most buyers, this means qualifying for a larger loan.

You may be able to qualify for a larger loan if your collateral provides the appropriate hedge for the lender.

As a young business, it's sometimes hard to qualify for large loan amounts.

It also means that you might qualify for a larger loan because lenders sometimes make this decision on the basis of your current income and the first year's payments.

They let the borrower qualify for a larger loan, and they let the borrower enjoy lower interest rates in a falling rate environment.

If you've been in business longer than six months, you may be able to qualify for a larger loan up to $ 50,000.

Combining two incomes means that you can now qualify for a larger loan, particularly if you both have good credit.

As you might imagine, Bay Area borrowers seeking a jumbo product must have a higher level of income in order to qualify for the larger loan size.

«You get a lower interest rate meaning a lower monthly payment, and you may qualify for a larger loan based on the fact the lender can use your initial monthly payments to calculate your debt capacity.»

The bright spot is that because rates on a VA ARM are generally lower qualifying for a larger loan becomes easier

Also known as an 80-10-10 loan, a piggyback loan is something we may recommend to those who qualify for a large loan amount in terms of income and credit, but lack the larger down payment amount for jumbo loans.

An older applicant might not qualify for a large loan with a 5 percent down payment on a risky venture, but might qualify for a smaller loan — with a bigger down payment — secured by good collateral.

Non-occupant co-signers are allowed to help a borrower qualify for a larger loan without the co-signers income counting towards the program's income limit.

If the sellers don't want to pay extra closing costs at your originally offered price and you can qualify for a larger loan amount such as $ 206,000 (3 percent closing costs would be $ 6,000), they may be willing to pay your closing costs at the settlement table because the sellers would be repaid with the larger home price.

You may qualify for a larger loan because the lower initial interest rates result in more affordable payments.

Just because you qualify for a large loan doesn't mean you should accept it.

Kabbage will also evaluate your business's online data (banking, social media, vendor accounts), so borrowers with low credit scores but financially health businesses can qualify for larger loan amounts.

To qualify for the largest loans or the lowest rates, you'll need to have a six - figure annual salary.

Many people opt to co-borrow with a partner or spouse as this allows them to qualify for a larger loan than either one could get on their own.

To qualify for the largest loans or the lowest rates, you'll need to have a six - figure annual salary.

In addition, if your debt - to - income ratio is tight or you have very low equity in your home, you may not be able to qualify for the larger loan amount.

Many people opt to co-borrow with a partner or spouse as this allows them to qualify for a larger loan than either one could get on their own.

Under the Energy Efficient Mortgage program borrowers with FHA - insured loans could qualify for a larger loan (or refinancing amount) so long as the additional funds are used to make improvements to the home.

My Community Mortgage offers underwriting flexibility, terms of up to 40 years (lowering your mortgage payment and allowing you to qualify for a larger loan), and includes ARM mortgages with rates fixed for 5, 7, or 10 years.

When interest rates are high, an ARM can offer the benefit of receiving a lower rate, which may help you qualify for a larger loan.

Nearly half of its customers opt for a secured auto equity loan — many to be able to qualify for a larger loan amount or a lower rate.

+ During the interest only term your monthly payments are as low as they can possibly get; + You can qualify for a larger loan amount, maybe even a larger home; + During the interest only term you won't pay out cash to build equity; + Make investments with payment difference to potentially build your net worth; + The entire monthly payment qualifies as tax - deductible interest during the interest only period.

Nearly half of OneMain customers use their car or another asset to qualify for a larger loan amount or get a lower rate.

If this price range is not sufficient, you can easily identify what you need to change so that you can qualify for a larger loan and more of a home.

Those people who have no credit, or have not established a good credit history to begin with, may need a few tips on how to increase credit score to show enough credit history to qualify for a large loan.

Lower payments allow the borrower to qualify for larger loans.

Best Egg doesn't disclose a minimum credit score or annual income to qualify for a loan, but the company does specify what it takes to qualify for its largest loan amounts and lowest rates.

As a young business, it's sometimes hard to qualify for large loan amounts.

If you have a pretty good credit score, you might qualify for a larger loan than your budget can actually handle.

Kabbage will also evaluate your business's online data (banking, social media, vendor accounts), so borrowers with low credit scores but financially health businesses can qualify for larger loan amounts.

Borrowers with high credit scores are more likely to qualify for a larger loan, better loan options, and / or a more favorable interest rate.

These new guidelines have noticeably restricted FHA loan approval amounts by making it harder to qualify for larger loans.

This could help you qualify for a larger loan.

It allows borrowers to qualify for larger loan.

A lower initial payments allow you to qualify for a larger loan amount.

It allows them to qualify for a larger loan amount than normal..

Knocking those balances down also lowers your monthly minimum payment, so you may be able to qualify for a larger loan.