Sentences with phrase «up to the individual lender»

If you don't have any, you may be able to sidestep that issue by hiring a property management company, but that's really up to the individual lender.
When it comes to private loans, it's up to the individual lender to provide assistance (or not) if you're facing financial hardship.
It is up to individual lenders to evaluate your credit report and any other factors they consider important and then decide whether or not to offer you credit.
If you don't have any, you may be able to sidestep that issue by hiring a property management company, but that's really up to the individual lender.
Sometimes they're willing to waive one of the debt ratios, but that's up to the individual lender and they may only be willing to do that if you have a strong mortgage application on paper (i.e. you have a sizable down payment or steady income.)

Not exact matches

Now that the Small Business Administration (SBA) has mandated a minimum 10 percent down payment on all SBA loans (and most individual lenders require up to 25 - 30 percent), the necessary cash needed as an SBA down payment can range from $ 40,000 to $ 120,000 for an average - sized loan.
Lending Club, along with other P2P lenders, had pioneered a concept of dividing up consumer loans into small pieces and allowing individual lenders to take pieces of many different loans, thereby enabling diversification for the lenders.
With the help of our Lending Crowdfunding script, you can easily set up a Crowdfunding platform where you can encourage Companies or Individuals to list their projects to invite lenders to lend funds into the project in return of good interest rates.
Nontraditional lending services have popped up left and right to meet these needs, offering individuals an opportunity to secure the kind of capital they need without the hoops, hurdles, and obstacles placed in their way that traditional lenders inevitably bring to the table.
It's up to individual VA - approved lenders to determine what kind of loans they'll issue.
For comparison, Funding Circle may take up to 10 days to fund your loan offer — this is because Funding Circle is a peer - to - peer lender, so your loan is dependent on individual investors funding your offer.
Government entities Fannie Mae, Freddie Mac and FHA do not directly loan money to individuals but are the governing body that work with lenders to guarantee loans and free up money to provide mortgages.
In each instance, the lowest listed APR for payday lenders was used to ensure the most conservative view on cost savings, and then these individual rates were averaged to come up with a single industry average.
In each instance, the lowest listed APR for traditional payday lenders was used to ensure the most conservative view on cost savings, and then these individual rates were averaged to come up with a single industry average.
The LFTA would also help rein in lawsuit lending, where lenders provide «up - front» cash to individual plaintiffs to cover immediate living or medical expenses during litigation.
He / she is expected to properly verify if the individual taking the loan will either be able to pay up as and when due or will default to the lender or bank.
Three lenders who've cut individual deals with the agent might pay a combined total of up to 90 percent.
The lender is either an individual, trust, LLC, corp, or whatever the lender uses (that's up to them, and it doesn't matter to me).»
Lenders view the Delaware Statutory Trust as one borrower even though there can be up to 99 individual investors or beneficiaries.
Your lender can help you with this decision, but the ultimate choice is left up to the individual borrower.
Government entities Fannie Mae, Freddie Mac and FHA do not directly loan money to individuals but are the governing body that work with lenders to guarantee loans and free up money to provide mortgages.
The 203k is a great program for any individual who wants to buy a handy man special or property being sold at foreclosure and fix it up, or a current homeowner who would like to complete some updates to their existing home however many lenders are still unwilling to offer the program.
It saves money by decreasing the time spent by individuals picking up funds, affecting the deposit to the Title Companies and Lenders while entering the order.
Now in the scenario that you secured commercial financing on 75 % of the purchase price (which is the most leveraged you'd probably be able to find) and 15 % in seller financing as a second note... 10 % could be raised privately; as most lenders typically require the individual or entity to put up a bare minimum of 10 % of its own capital after any seller - held notes.
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