Currency has fewer eligibility requirements than other alternative lenders, but qualifying will depend on
the type of loan you're applying for.
The average interest rate for a small business loan varies depending on your qualification as a borrower,
the type of loan you're applying for, and which lender you select.
Depending on
the type of loan you're applying for, we could ask for supplemental documentation.
Credit scores vary based on
the type of loan you're applying for (i.e. auto, home, etc.), but what the lender comes up with is always the accurate score for whatever type of loan you're applying for.
The minimum score also depends on
the type of loan you're applying for.
Currency has fewer eligibility requirements than other alternative lenders, but qualifying will depend on
the type of loan you're applying for.
So the size and
type of loan you're applying for can also affect the outcome.
The type of loan you are applying for will determine the length of time required to approve and close your loan.
Documentation varies depending on your business and
the type of loan you're applying for.
Depending on
the type of loan you are applying for: Conventional, Jumbo, FHA, VA, & also the state and property type you are purchasing (ie.
The best interest rate you can qualify for depends on several factors, such as
the type of loan you're applying for — federal or private — your credit history and your income.
Their standards are based on the most relevant aspects to
the type of loan you're applying for — usually employment history and income are the greatest determining factors.
Once you have applied for a loan, our crew will match you with a number of lenders that they feel provide
the type of loan you are applying for.
The information you need to apply will depend on the lender, and
the type of loan you're applying for.
Depending on
the type of loan you're applying for, the application form might be three to five pages long.
Depending on
the type of loan you are applying for: Conventional, Jumbo, FHA, VA, & also the state and property type you are purchasing (i.e. Condos have some additional requirements) this process may vary.
It is also highly dependent upon each individual's personal experience and
the type of loan being applied for — some may have to wait up to four years.
The Loan Estimate (LE) will allow consumers to understand the costs of obtaining financing and any risks associated with
the type of loan they are applying for.