Sentences with phrase «traditional lenders due»

Most applicants will very likely be denied by traditional lenders due to a history of high - risk financial behavior.

Most people are locked out from borrowing from many traditional lenders due to bad credit ratings.

Not exact matches

SNIEDC began offering Commercial Mortgages, which no traditional financial lender can do on territory due to tribal sovereignty.

These loans will typically have lower refinance rates than a traditional lender as well, due to the lack of overhead costs.

Since there are so many people out there with bad credit due to these financially funny times, and since traditional lenders such as banks and credit unions are not be ready lenders, many private companies have stepped in to fill the gap.

Other options are subprime lenders, who are recognized experts in lending to bad credit borrowers, while traditional lenders are also a viable option due to the quality of the security provided.

Mainly due to the FHA's required mortgage insurance premium (MIP), borrowers often expect the closing costs and finance charges to be much more than a traditional lender backed by Fannie Mae or private investors.

Traditional lenders have stricter lending policies, mainly to protect them from the higher risk of major losses due to the larger number of borrowers they facilitate.

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

Many traditional lenders have otherwise ben reluctant to work with cryptocurrencies due to their anonymity and potential for use in laundering money.

More lenders may view it as a growth opportunity too, particularly as traditional mortgage lending is expected to decrease 37 percent in 2014 due to higher mortgage rates dampening refinance activity.

As loans continue to come due in the coming 18 - 24 months, especially in the small - to mid-balance space, and traditional lenders grapple with increased regulatory pressures, the online lending marketplace for commercial real estate is poised to provide borrowers with needed capital and give investors strong alternative investment options.

Traditional lenders tend to lock out many would - be buyers, due to strict loan parameters.