Sentence examples for a conventional loan from inspiring English sources

Suggestions(1)

The phrase "a conventional loan" is correct and usable in written English.
It is typically used in the context of real estate and finance to refer to a type of mortgage that is not insured or guaranteed by the government.
Example: "Many first-time homebuyers opt for a conventional loan due to its competitive interest rates and flexible terms."
Alternatives: "traditional mortgage" or "standard loan".

Exact(31)

And they are much more labor-intensive than a conventional loan".

That's one distinction between an Opportunity Fund loan and a conventional loan.

Most borrowers, however, refinance to a conventional loan after a few years, Mr. Hood said.

With a conventional loan, lenders require that borrowers contribute at least 5 percent of their own money.

But the consumer will still have to remove the medical debt from the report in order for a conventional loan to be approved.

Sources suggested the bailout was not a conventional loan, but it would be wrong to assume there were no conditions attached.

Show more...

Similar(29)

A permanent conventional loan cannot be issued for more than a house is worth.

The average rate on a similar conventional loan was 5.32percentt, according to Freddie Mac.

It allows those banks to incorporate government-guaranteed loans seamlessly into their lending operations — borrowers who don't qualify for a bank's conventional loan can automatically be considered for an S.B.A.-backed loan without having to start the paperwork all over again.

Compared with a 30-year conventional loan at the prevailing rate of 5.64 percent, a loan of $417,000 would have saved you roughly $10,080 in mortgage payments by now, assuming a five-year ARM rate of 4.99 percent, said Michele Raab-Francis, chief executive of Safe Harbor Capital, a mortgage broker in Bellport, N.Y.

There are three ways to get a car, he says: the conventional loan, balloon financing and the lease.

Show more...

Ludwig, your English writing platform

Write better and faster with AI suggestions while staying true to your unique style.

Student

Used by millions of students, scientific researchers, professional translators and editors from all over the world!

MitStanfordHarvardAustralian Nationa UniversityNanyangOxford

Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak quote

Justyna Jupowicz-Kozak

CEO of Professional Science Editing for Scientists @ prosciediting.com

Get started for free

Unlock your writing potential with Ludwig

Letters

Most frequent sentences: