loan purpose

Loan purposes must be consistent with the general purpose contained in the regulation.

The scheduled repayment is usually over 1 to 7 years depending on loan purposes.

To other libraries (under certain circumstances) for interlibrary loan purposes.

The qualifying criteria for a hard money loan varies widely by lender and loan purpose.

Lenders consider factors relating to the loan such as loan purpose, credit rating, and loan-to-value ratio and estimates the effect on yield (credit spread).

Pertaining to mortgages and their risk based pricing factors, the loan purpose factor is sub-categorized by purchase, Rate & term refinance and cash-out refinance.

And 5 double-checkings include double checking the eligibility of applicant's legal entity, business operations, historical credit records, asset and liability situation as well as the loan purpose.

Collaborative Finance is characterized by highly personalized loan transactions entailing face-to-face dealings with borrowers and flexibility in respect of loan purpose, interest rates, collateral requirements, maturity periods and debt rescheduling.

Credit score and history, property use, property type, loan amount, loan purpose, income, and asset amounts, as well as documentation levels, property location, and others, are common risk based factors currently used.

On the basis of a borrower's loan purpose, credit history, desired loan amount and debt-to-income ratio, SinoLending chooses the most creditworthy borrowers and assigns a credit grade with a corresponding interest rate.

Investors can search and browse the loan listings on Lending Club website and select loans that they want to invest in based on the information supplied about the borrower, amount of loan, loan grade, and loan purpose.

Refinancing existing debts may be considered an eligible direct or guaranteed loan purpose if the debt being refinanced is a secondary part of the loan, is associated with the project facility, and if the applicant's creditors are unwilling to extend or modify terms in order for the new loan to be feasible.