Sentence examples for loans required from inspiring English sources
Covenants in the firm's bank loans required it to meet certain annual cash-flow requirements, and it's clear that Dewey & LeBoeuf was in dire straits after the 2008 financial crisis.
The loans required no down payment.
Many of these loans required no documentation, meaning that borrowers could simply state their income, without providing verification.
Under pressure from the British and Dutch, bailout loans required Iceland to accept some taxpayer liability for Icesave deposits from overseas.
And last month, in a letter to Parliament, the central bank of Cyprus said that it had warned as far back as 2011 that the loans required provisions.
Most of the loans required no principal repayments for five years and were made to borrowers whose income no one bothered to check.
A Rosemary Liuzzo Mohamed, a Manhattan real estate lawyer, says that each lender has its own requirements, but that most traditional loans require a "functioning kitchen".
He acknowledged, however, that the terms of the bank loans require the group to meet certain performance requirements, including a certain ratio of profit to debt.
Guarantees for those loans require approval by lawmakers.
Like other F.H.A. loans, the 203(k) loans require only a 3.5 percent down payment.
Nearly all home loans require an appraisal from a federally certified appraiser.
