Sentences with phrase «upfront cash payments required»
An upfront cash payment required by the lender as part of the charge for the loan, expressed as a percent of the loan amount; e.g., «3 points» means a charge equal to 3 % of the loan balance.
http://www.cornerstonemortgage.com/ Not exact matches
If you don't have the cash upfront, many debt settlement firms will require you to make regular payments into an account with the idea of paying off the debt once you have accumulated enough money.
Since it requires less of an upfront investment than an all - cash purchase and doesn't require monthly mortgage payments — just a down payment — it can help preserve your savings for other purchases or investments and improve your monthly cash flow.
Since it requires less upfront investment than an all - cash purchase and no monthly mortgage payments, Reverse Purchase can help preserve savings, improve monthly cash flow, and / or finance a purchase that would otherwise be beyond budget.
To attain this privileged position, you must pay cash upfront to purchase an option, whereas futures contracts require no upfront payment.
It is assumed the borrower does not require any cash payments at closing, but would like to finance the upfront 0.5 percent MIP, origination fees, and all closing costs, which are estimated to equal $ 2,322.
Some hospitals will be willing to provide direct billing to your insurance company in the U.S., some will require a guarantee of payment, while still others will require cash payment upfront before ever starting treatment.
One less patent war Apple needs to worry about, with a new «multi-year» Nokia agreement in place requiring an upfront cash payment and recurring fees.
Keep in mind that the seller should want a down payment to keep in case you default, plus gives them an upfront profit on the sale, plus they have the interest spread as monthly profit (cash flow), and should also want a ballon payment in 2 - 5 years which would require you to refi at that time or pay off in cash, giving the seller the balance of their proceeds.
It is assumed the borrower does not require any cash payments at closing, but would like to finance the upfront 0.5 percent MIP, origination fees, and all closing costs, which are estimated to equal $ 2,322.