Sentences with phrase «usually receive a lower interest rate»

On the plus side, you'll usually receive a lower interest rate when you apply for a cash - out refinance.

In most cases, no down payment is required on a VA guaranteed loan, and the borrower usually receives a lower interest rate than is ordinarily available with other loans.

Not exact matches

A credit score usually means you can keep more of your money because you will receive lower interest rates on your home or car loan.

The interest rate you receive for your loans depends on your credit — the better your credit, the lower your interest rate usually is.

The repayments that you then make to your life insurance policy will usually have a low rate of interest — and, if you do not end up paying back these funds, the amount of the unpaid balance will be deducted from the death benefit that your beneficiary receives.

Usually the higher your credit score is, the lower the interest rate you will receive from the lender.

FICO ® Scores (the credit - risk scoring system lenders use) of 620 or lower will usually place you in the «subprime» category where you may receive loans quoted with significantly higher interest rates and may be offered fewer varieties of loans.

Borrowers usually refinance in order to receive lower interest rates or to otherwise reduce their repayment amount.

Those with good credit will usually qualify for the widest range of credit cards, including cards with lucrative rewards programs and juicy signup bonuses, and will also receive the lowest interest rates.