Personal Finance
Loans
Banking
What do banks consider when applying for a loan?
Wiki User
2008-03-27 12:16:15
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Related Questions
Asked in Loans
What is the process of applying for a loan in banks?
The process of applying for a loan in banks consists of several
steps. These include: 1. Contact the bank and apply for the loan.
2. Submit the application. 3. Wait for verification. 3. Valuation
stage.
Asked in Loans
What should one consider when applying for a housing loan?
There are a number of things one should consider when applying
for a housing loan. One should consider if they want a fixed or
variable rate loan, what length of time they wish to be paying the
loan over and if renting might be a better option.
Asked by Nayan Chauhan
Do I need a reason for a personal loan?
Mostly, there is no reason needed for the personal loan while applying. But in some of the banks as well as corporate finance institutes, they needed a reason for the personal loan while applying for a loan.
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Where might one apply for an investor loan?
Almost any of the banks will be able to help with applying for
an investor loan. One of the specific companies to apply for an
investor loan is Wells Fargo.
Asked in Mortgages
How do you change your mortgage provider?
You can change mortgage providers by applying for the loan. You
should research which company will give you the best rates prior to
applying. You local banks can help you or corporations like Chase
can also provide the loan.
Asked in Personal Finance
What is there to consider when getting a loan?
When a person is considering applying for a loan there are a few
things they should think about. First who will supply the loan,
interest rates and their probability to pay it back without
punishment.
Asked in Loans, Co-signing, Student Loans and Financial Aid
Can someone with a credit score of about 560 get a loan without a co signer?
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for a personal loan.
Asked in Business & Finance, Personal Finance, Loans, Money Management
What should I look for when applying for FHA loan?
Answering "What should I look for when applying for FHA
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Asked in Cars & Vehicles
Where can one obtain an auto car loan?
One can obtain an auto car loan in a couple of different ways.
One way that one can obtain an auto car loan is by visiting a bank,
such as Bank of America, and applying for one. Auto car loans can
also be obtain by applying for them in places other than banks.
Asked in Personal Finance
How much paperwork is involved in applying for a small business loan?
Not any more than is involved in applying for a regular
loan.
What banks offer a car loan calculator?
If you are looking for a car loan calculator, most banks offer
them. Sometimes they aren't called car loan calculators and are
just loan calculators. Banks such as bankrate and Bank of Canada
have them.
Asked in Personal Finance
Which institutions offer the cheapest loan rates?
Which institutions offer the cheapest loan rates is going to
depend on your credit and the type of loan you are looking for. One
bank may offer the lowest auto loan, while the bank across the
street offers the lowest home equity loan. You can figure out which
banks are best for the type of loans by applying on-line at places
that send your application to many different banks to get the best
rate.
Asked in Mortgages
Where might one go to obtain a mortgage rate loan?
Mortgage loans can be obtained from most banks and lending
agencies. For a comparison of rates from various banks, see the
website Bankrate; also consider offers from local banks.
Asked in Business & Finance, United Arab Emirates
What is the eligibility criteria for applying for a personal loan in UAE?
To get a personal loan without salary transfer in UAE you should
have a minimum monthly income of AED 25,000. Most banks and finance
companies in UAE offer this loan option but you should check with
your lending agency.
Asked in Home Equity and Refinancing
What are the requirements to qualify for an FHA home loan?
"Requirements for an FHA home loan vary depending on what kind
of loan you are applying for. If you are applying for a
re-structuring loan, you need to own a home. If you are applying
for a first mortgage, you need good credit, a deposit and a social
security number."
Asked in Labor and Employment Law, Unemployment
If you only worked 3 mos and 1 wk are you eligible for unemployment?
i think you should consider applying for a student loan and go
back to school.
Asked in Federal Loans and Mortgages
How many federal home loan banks are there?
There are 12 Federal Home Loan Banks. They are owned by member
institutions including savings and loans, commercial banks, savings
banks, etc. The Federal Home Loan Banks serve as whole sale lenders
to their member institutions. If you'd like to learn more about the
Federal Home Loan Banks, take a look at the book, Mission
Expansion and the Federal Home Loan Banks (SUNY Press,
2010).
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Who is a syndicated loan provided by?
A syndicated loan is provided by a group of lenders and is
arranged by one or several commercial banks or investment banks.
These banks are known as arrangers.
Asked in Auto Loans and Financing, Personal Finance, Loans, Mortgages, Home Equity and Refinancing, Money Management
Does applying for a car loan affect your chances to get a home loan?
It does if you get turned down.
Asked in Business & Finance, Business Accounting and Bookkeeping, Financial Statements
When applying for a loan from a bank why is it important to have income statements and balance sheets?
Banks would like to know if you are able to pay back what you
are borrowing, so it is vital that you show proof of income and
assets,, it is with these statements that they can assess and
approve the amount of your loan.
Asked in Loans
Will applying for ebt affect me when applying for home loan in Florida?
Well, if you can't afford to buy food, how are you going to
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What are the Different types of banks?
DIFFERRENT TYPE OF BANK ARE COMMERCIAL BANKS AND CENTRALISED
BANK COM-GIVE LOAN TO PUBLIC CEN - GIVE LOAN TO COMMERCIAL
BANKS
Asked in Florida
What are the best banks for a home loan in Florida?
According to Mortgage Refinancing Loan, the 5 best banks for
house loans are Bank of America, Wells Fargo, Aimload, EZZ
Financial and Quicken Loans. If an individual is lost on the
subject, one may consider the use of a Mortgage broker.
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Does all banks do background checks?
Do banks do a criminal check for a loan
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When are some things to consider when looking for a loan for bad credit?
If a person has bad credit but is looking for a loan, there are
many things to consider. First, an individual may consider paying
off the debt they have before asking for a loan. Paying off bad
debt increases the chances of receiving future loans. Additionally,
an individual will want to gain information on banks which give
loans to those with bad credit, such as checking interest rates and
loan restrictions.