Sentence examples for interest reserve from inspiring English sources

§ 107.1181 Interest reserve requirements for Early Stage SBICs.

"The interest reserve is dwindling, and now the property faces the prospect of taking a hit on its income".

In addition, although large interest reserves were taken at closing to ensure the payment of interest in the face of larger expected defaults on the purchased assets, neither deal ever made a draw on an interest reserve and both provided much excess interest to the equity's ultimate recovery.

Does the bank require a contingency and an interest reserve account?

The payments are made from this interest reserve account and no, it's not free.

Factor interest reserve and contingency funds into the cost of building your new home.

Some home builders are rapidly drawing down so-called interest reserves, the extra cash cushion built into a loan that is intended to protect banks by ensuring that borrowers can pay back interest.

Stephen Kotler, a director of rentals for Prudential Douglas Elliman, said that many developers of stalled projects had avoided foreclosure only because they had been able to keep current on their construction loans by spending "interest reserves" negotiated as part of their initial loan packages.

Interest reserves were designed for the benefit of the customer.

Interest reserves are added to your loan amount to make the monthly payment on your loan.

The budget is created from your costs and includes every cost within the loan including land balances, closing costs, interest reserves, contingency and bank fees.