Sentences with phrase «who qualify for low interest rate»

Ironically, the vast majority of people who qualify for low interest rate credit cards are those with higher than median incomes and who pay their credit card balances in full each month.

Not exact matches

This makes it important to weigh the value of access verses a lower interest rate in some circumstances — this is true even for very creditworthy borrowers who would otherwise qualify for a traditional commercial loan at the bank but their loan purpose doesn't give them the luxury of time required to wait for a traditional bank loan.

Even qualified borrowers who can meet the requirements for other loan products often choose VA loans because they provide great value with their low down - payments and low interest rates.

Easy Close Advantage Down Payment Assistance - Buyers who qualify for a WHEDA loan may also be eligible for closing cost and down payment assistance in the form of a low cost, fixed - interest rate loan.

Through this program, homeowners who might not otherwise qualify for a mortgage refinance due to equity losses or other factors can refinance their homes and secure a lower interest rate.

Someone with excellent credit who can qualify for a low interest rate will be able to spend more for an expensive car than someone who has poor credit since the costs of financing will add significant expenses to their payments.

FHA loans provide an option for home ownership to borrowers who may not qualify with other lenders, and often allow lower down payments and interest rates.

Subprime loans were mortgages with higher interest rates than conventional mortgages offered to people with low incomes or poor credit or who simply failed to shop around and understand they qualified for better rates.

Individuals who have a strong credit history, a high credit score, and low debt - to - income ratios are likely to qualify for the lowest possible interest rate and preferred repayment terms.

If an applicant is highly qualified for a lower interest rate than federal loan offers, then Sallie Mae could be a good choice to review for students who need to cover the overall cost of attendance, especially if all federal aid options have been exhausted.

Wells Fargo customers who take out secured loans do so to obtain a lower interest rate or because they couldn't qualify for an unsecured loan.

Now, however, some credit card lenders are offering even lower interest rates to entice more customers, especially those with excellent credit who can benefit from qualifying for the lowest rates.

Homeowners who qualify for a US Bank home equity line of credit may receive an interest rate as low as 4.65 %.

Homeowners who qualify for a BB&T home equity line of credit can receive an interest rate as low as 2.99 % for the first 12 months after establishing an account.

«Specifically, we find that nearly 10 % of prime borrowers who applied for their loans jointly could have lowered their mortgage interest rate at least one eighth of 1 percentage point if the mortgage was applied for by the applicant with a higher credit score and an income high enough to qualify for the mortgage,» the note reads.

«Subprime mortgage lending» is best defined as offering financing to an individual with poor credit, low income, limited documentation, or a combination of all those things, who generally wouldn't qualify for a mortgage at standard market interest rates or at all.

Private student loans do not offer these benefits, but they may provide a lower interest rate as well as higher total borrowing limits for those who qualify.

First time homebuyers who qualify for bond funds may receive an even lower interest rate.

While online business loans usually carry higher interest rates than conventional loans, there are a few lower rate options for borrowers who qualify.

Simply paying in full each month will prove to future lenders that you are a responsible borrower who is worthy of credit - possibly even qualifying for an even better card with a higher limit and lower interest rates.

That means more people could qualify for loans and credit cards, and those who could already borrow will now get access to lower interest rates.

Although interest rates for used car loans can indeed exceed those of a new car, refinancing can get you a lower rate than those who don't qualify for the typical zero - to - three percent interest rate offered by manufactures.

The revamped HARP refinance program provides more homeowners, who may not otherwise qualify for refinancing because of declining home values, the ability to refinance into a lower interest rate and / or more stable mortgage product.

With average APRs for cash back credit cards hovering around 15 to 16 percent, the Capital One Premier Dining Rewards card's higher - than - normal interest rate might not be right for consumers with excellent credit who can easily qualify for lower rates.

VA loans will generally allow the veteran buyer with a lower credit score to qualify for an interest rate lower than a buyer with the same credit who's obtaining FHA / conventional financing.

(Applicants who promise to live in the property generally qualify for lower interest rates and down payments; investors in rental homes get charged more.)

Today, many first - time buyers who have difficulty qualifying for a home loan, still settle for adjustable rate loans because the initial, «teaser» interest rate of the mortgage is normally two or three points lower than a fixed rate loan.