Sentences with phrase «why most lenders»

So it's easy to understand why most lenders stopped offering 3 % down payments, or LTV ratios of 97 %, when the bottom fell out of the market.

This is why most lenders back off these types of loans due to the complex calculation loan limit requirements.

Not being able to afford your monthly mortgage payment is a legitimate homebuying fear which is why most lenders recommend that your mortgage payment, including principal, interest, taxes and mortgage insurance (known as PITI), be less than 28 percent of your gross monthly income.

This is why most lenders disburse the funds almost immediately.

This is why most lenders require a down payment of at least 20 % for a conventional mortgage.

So it's easy to understand why most lenders stopped offering 3 % down payments, or LTV ratios of 97 %, when the bottom fell out of the market.

Not exact matches

Remember, most lenders want to know that you can repay a loan (which is why they ask about revenue, cash flow, and other financial metrics), will you repay a loan (which is demonstrated by your past credit behavior and why your credit profile is so important), and that they can count on you to make each and every payment in a timely manner regardless of what happens during the loan term.

Late - payment forgiveness is all dependent on the lender in question, but most companies will allow a late payment once every 12 to 24 months without any negative repercussions as long as you explain why you were late to the lender in question and make good on your payment.

As for why this happens, experts surmise it's because some lenders have outdated notions of women in the workplace, presuming most will bail or scale back on their jobs once kids enter the picture, permanently reducing the family's income and eligibility for a loan.

The reason why most private student loans are cosigned is because lenders have strict qualifications.

Remember, most lenders want to know that you can repay a loan (which is why they ask about revenue, cash flow, and other financial metrics), will you repay a loan (which is demonstrated by your past credit behavior and why your credit profile is so important), and that they can count on you to make each and every payment in a timely manner regardless of what happens during the loan term.

Lenders understand this reality, and that is why most of them want to know your story when you apply to get a car loan.

While there is no standardized requirement for 30 - year mortgage loan approval, most lenders today set the bar at around 43 % (and here's why).

This is why most bad credit mortgage lenders charge very high interest between 7 % -15 % and require clients to pay the mortgage set up fees.

Why people get a FICO credit score when there are other free alternatives out there — I'm guessing it's inertia, but it's also reported to be the most widely used score around (by lenders and other entities).

But, most people don't really understand why bad credit is such a bad thing, nor what having bad credit means to lenders.

This also means there are many reasons your application could be unsuccessful — and most lenders won't automatically tell you why it was declined.

We can help you figure out why your lender would want mediation and help you make the request in the most persuasive way possible.

Try doing that over and over and you will clearly see why WITH JUST ONE CALL TO US, and in just a few minutes, we can narrow down the lenders which should work for you AND in most cases, handle the process for you and best of all... our service is free.

Alex the biggest reason why short sales take so long is under staffing with most lenders.

Refinancing on an open mortgage or a mortgage at maturtity will have minimal penalty costs from the existing lender — which is a main reason why most people do not break their existing mortgages.

That's why we have one of the most comprehensive databases of student loan refinancing lenders for you to review.

Most people find it stressful and embarrassing to talk with their lender about why they missed a mortgage repayment.

With College Ave, the lender's big priority isn't so much about getting you the lowest rates, per se, but saving you money in the long run, hence part of the reason why their repayment term choices are a bit more flexible and varied than most.

You have to explain why you need the money but worry not because lenders here are very lenient and will accept most reason given for needing a bad credit mortgage loan.

This is why it's such great news that direct cash advance lenders use a different set of criteria to make their decisions, rather than simply that one credit score that has such overwhelming influence over most credit approvals.

As you may already know, private lending is a risky business, and that's the main reason why most private lenders do not provide mortgages when a property isn't in good condition or if it has a high amount of existing debt.

Most mortgage lenders offer pre-payment options, so why not use your tax refund to take advantage of them to beat down that mortgage?

Banks and other third - party lenders typically don't give a crap about why you're borrowing money... most aren't even interested in hearing the background story.

Check out just a few reasons why LoanMart is one of the most successful auto title loan lenders in the business:

That's why most private lenders don't do it.

If most of your inquiries are due to involuntary inquiries, you may need to write a letter to your mortgage lender explaining why you have such a large number of inquiries.

That is why it came up with a proprietary technology that enables customers with very good to excellent credit profiles to be able to qualify for the most competitive rates on loans that most lenders would not issue without collateral.

Another reason why is it usually best to lock in a mortgage rate right away is that if rates do come down substantially most lenders are willing to renegotiate the rate.

This is just one of the reasons why we are the leading lender on the West Coast and across most of the US.

Generally most people will be able to get approved a Loan and this is one of the reasons why Payday Lenders charge higher interest rates along with the risks they take for lending money to individuals that may have a bad credit history.

Throw in the fact that each CRA wants to be able to advertise to their customers (lenders, insurance companies, and the like) that their data is the most accurate available, and you can see why each CRA is highly motivated to maintain accurate information on consumer credit reports.

This is also the reason why most real estate portfolio lenders prefer to see investors with a year or two of experience in managing a portfolio of rental assets; their mindset being that seasoned investors will be able to better fine tune the asset to perform optimally thereby mitigating some risk to the lender and increasing the asset's value.