Sentences with phrase «value of one's collateral»

It will provide funding for banks over an extended period of several years, lending against a much greater value of collateral in the form of loans to the real economy.

Typically, this purchase price is a discount to the expected value of the collateral securing the loan, such value to be realized after foreclosure and liquidation of the property.

The general rule is to discount the current value of the collateral.

Include information such as agreed upon value of the collateral, who holds the collateral until the loan terms are met and details of the transfer of collateral if necessary.

The ratio between the unpaid principal amount of your loan, or your credit limit in the case of a line of credit, and the appraised value of your collateral.

The high value of the collateral can help to drive interest rates even lower, and can also allow for larger asking amounts than some people are used to qualifying for.

They find it more difficult to predict the future value of your collateral, and it is more expensive to maintain the vehicle properly.

In general, bridge loan lenders will provide bridge financing worth up to 80 percent of the combined value of the collateral in the case of real estate.

The amount of eligible expenses can not exceed 20 percent of the appraised value of the collateral being pledged.

North Coast Financial's California trust deed investments are well secured based on the current value of the collateral rather than the projected value that might be created in the future.

«While asset monetizations enhance our liquidity, sales of producing natural gas and oil properties adversely affect the amount of cash flow we generate and reduce the amount and value of collateral available to secure our obligations, both of which are exacerbated by low natural gas prices..

Most lenders mandate that assets be appraised to determine the proper value of the collateral.

In order to have a clean title to the property and a recoverable value of the collateral in the event of mortgage default, the mortgage lender looks for a payment guarantee on property taxes and home insurance by using an escrow account.

Loan agreements typically include covenants, value of collateral involved, guarantees, interest rate terms and the duration over which it must be repaid.

However, rather than requiring a specific value of collateral, OnDeck loans are secured by a general lien on the assets of the business and backed by a personal guarantee.

For example, we can «strip down» secured claims to the reduced value of the collateral and re-amortize the loan.

Loan approval is not guaranteed and all loan applications are subject to verification of acceptable credit, income, employment, lien position and value of collateral in the sole discretion of Hanover Mortgage Company.

«The rational response would be to lower the rental asking price, but that would mean the value of the collateral would be lowered and the bank would be forced to write down the loan,» he says.

CRE loans were in part responsible for the near - collapse of the financial system during the Financial Crisis, after CRE prices - the value of the collateral for those loans - turned down.

The provider of a commercial bridge loan will often approve borrowers based on the value of their collateral rather than on their creditworthiness.

He said, «I made two major discoveries in the course of writing: one is a reflexive connection between credit and collateral, the act of lending can change the value of the collateral, the other is a reflexive relationship between regulators and the economies they regulate.»

The value of the collateral is used to determine what's referred to as the loan - to - value ratio based upon the nature of the collateral.

However, we do not require any specific amount, type or value of collateral and no appraisal or specific assets are required.

Authors Andrew F. Haughwout and Ebiere Okah estimate negative equity — in which the mortgage balance exceeds the value of the collateral housing unit — in the U.S. nonprime mortgage market as of December 2008 to describe the source of the current delinquency and foreclosure problem.

Collateral Maintenance - A fall in the value of your portfolio may result in a situation where the value of your collateral no longer covers the outstanding loan.

[171] In addition, as part of the DOT's creditworthiness assessment of a project and an applicant prior to awarding credit assistance, the DOT must have made a determination that the credit assistance can reasonably be repaid, which determination can be based on the value of any collateral pledged.

However, in some states, the creditor may then sue for a deficiency (the difference between the value of the collateral and the amount of the debt).

In addition, make sure that the loan amount is less than the value of your security as the greater the value of the collateral, the greater your chance to get a low - interest rate loan.

Used car dealers such often provide programs that verify the value of the collateral and reduce surprise repair expenses.

But another advantage is that, since the loan is matches by the value of the collateral, and the risk to the lender practically removed, the interest rate charged is lower too.

Another reason value is important is that, in some cases, if your collateral is worth less than you owe, you can pay the value of the collateral to the creditor and not the larger amount that you owe.

They haven't wanted to write down the value of the loans to match the value of the collateral.

The interest rate that accompanies a secured loan depends on the value of the collateral being used and its» place in the stock exchange should the lender have to sell it.

The value of the collateral farmers use to secure loans — crops and land — is diminishing.

In this situation, the lender is so confident that you will repay the loan, because of the value of the collateral that they are willing to lower the interest rate for you.

In many cases, lender's security interests are only protected to the extent they are consistent with the value of the collateral securing the loan.

It would raise the value of collateral over the value of the loans, dealing purchasing power losses to those that made the bad loans, but not nominal losses.

One difference between this and a traditional loan is that the value of the collateral (the securities) can swing wildly from one day to the next.

Secured lenders shy away from deals where the value of the collateral is harder to estimate and verify.

The rate, the amount borrowed and the length of the loan will be based on both your credit and the value of your collateral.

This protects the value of their collateral.

For Chapter 7 Bankruptcy state or federal exemptions may protect a vehicle, but under certain conditions, the vehicle may be liquidated by the trustee unless arrangements are made to either redeem (pay the secured creditor the value of the collateral in exchange for a release by the creditor of their lien) or reaffirm the debt (sign a reaffirmation agreement and continue to make car payments).

The U.S. Large Company Portfolio could also lose money if it does not recover the securities and / or the value of the collateral falls, including the value of investments made with cash collateral.

The International Core Equity Portfolio could also lose money if it does not recover the securities and / or the value of the collateral falls, including the value of investments made with cash collateral.

Secured creditors must be paid at least as much as the value of the collateral pledged for the debt.

The U.S. Large Cap Equity Portfolio could also lose money if it does not recover the securities and / or the value of the collateral falls, including the value of investments made with cash collateral.