Sentences with phrase «type of lending»

Instead, you work with private lenders to find and manage the loans, much the same as with other types of lending.

Naturally, the higher the credit score, the better types of lending products and interest rates you'll be able to land.

You have plenty of loan options to consider, but the question is: Which type of lending can best fit the financial needs of your business?

Many of these lenders are focused on particular specialized type of lending.

This introductory type of lending can help parents determine if their teenager is ready for the fiscal commitment and responsibility of taking on a bank loan.

If it won't qualify, what other types of lending could I look at?

You have plenty of loan options to consider, but the question is: Which type of lending can best fit the financial needs of your business?

If you're unsure, don't ask your attorney in this case but rather call the Divisions of Real Estate and / or Mortgage Lending at your State level and talk to someone about what type of lending you plan on doing.

During the recent credit crisis, when bank loans dried up for many small companies, untraditional types of lending, like factoring, equipment sale lease - backs and cash advances on credit card sales, saw a boom in business.

When it comes to obtaining money for personal needs, such as student loans, home loans, and other kinds of financial services, banks are a popular type of lending institution that many borrowers turn to for help.

Different types of lending have different propensities for loss, both in terms of likelihood and severity, which are usually correlated.

Hazlewoods says that owing to capital holding requirement placed on banks by regulators, banks are continuing to reduce their exposure to types of lending deemed to be «higher risk».

Regulator pressure is expected to intensify, as examiners put more focus on banks» risk management practices specifically for construction, retail and other types of lending now perceived as high - risk.

«Commercial real estate conduit loans are a new type of lending for us and a different type of risk profile.»

The Bank offers two types of lending products for this purpose, unsecured credit cards and secured credit cards.

Discuss mortgages, credit cards and other types of lending in the Feedback page.

What type of lending are you using?

«Often small business owners put more thought into figuring out what type of car to buy than how to structure this type of lending arrangement,» says Steven I. Levey, now - retired senior principal and CEO of accounting firm GHP Horwath.

This type of lending environment strives to bring both individual and institutional investors together with various grades of qualifying borrowers.

The downside to this type of lending is the high default rate.

Depending on the type of lending product used by the client, a business loan broker can generate residual streams of revenue, which can guarantee a sizable monthly income, in addition to the larger deals.

You should also consider that with this type of lending, you may not have the same rights as you would with a Hire Purchase agreement or other type of car finance.

Similar to car loans, this type of lending is very sensitive to the credit score.

Repayments schedules for this type of lending depends on the money lender, the borrowed sum, and the loan period although you would usually pay your loan back monthly or weekly.

Many people find this type of lending to be an easy way to borrow money without having to secure a loan against an asset like a property or a vehicle.

Instead, you work with private lenders to find and manage the loans, much the same as with other types of lending.

If you haven't yet heard of this type of lending, it's probably because not all banks or credit unions offer them.

Not all mortgage brokers have a ton of experience in Private Mortgage Lending due to this type of lending makes up about 5 % of the mortgage application.

After this type of lending was largely shut down in the aftermath of the mortgage meltdown, lenders are once again lending against the equity in people's homes.

One difference between this type of lending and regular online personal loans obtained from companies is that the borrower is typically expected to provide a greater amount of information about themselves and the purpose of their loan.

And there's no reason to living in this type of lending limbo.

Investors may be attracted to this type of lending because of the interest rate they are offered for their investment.

For both investors and borrowers, there are a number of things to consider before using this type of lending.

Even though the term marketplace lending best describes this type of lending, on this page we refer to it as peer to peer lending (or P2P lending) as these are the terms most people use.

People who invest through this type of lending are buying a financial product, typically a managed investment product; while borrowers are taking out a loan that is repaid over time, with interest.

Predatory Lending: A type of lending that falls between appropriate risk - based pricing and blatant fraud and combines certain products, terms, prices and practices.

Sub prime Lending: A type of lending that relies on risk - based pricing to serve borrowers who can not obtain credit in the prime market, where higher degrees of risk for borrowers carry higher costs for loans.

With all types of lending, the lower your credit score, the higher your interest rate will be.

«Most of those types of lendings are based on FICO scores,» Kelly explains, so there's whole lot less paperwork involved.

This type of lending products can be used absolutely differently.

There are advantages in both of the types of lending.

The product designs he speaks of, if actually followed in practice, would make this type of lending much less abusive.

Many of these lenders began to focus almost exclusively on this type of lending practice, thus they became known as subprime lenders.