Sentence examples for share loan from inspiring English sources

Q I recently paid off my co-op share loan.

There could be complications in making the share loan market transparent.

Q I want to refinance my co-op share loan and tap into my equity to consolidate debt.

"A lender doesn't want to make a share loan in a building that is financially unstable," he said.

Regarding the share loan, sometimes also called a mortgage, Mr. Miller said, the amount remaining on the loan has no bearing on the profit from the sale.

A Bank That Lost Co-op Loan Papers Q Last year I paid off the balance of my co-op share loan.

We have no underlying mortgage on the building and only two of the co-op owners have share loans.

It is also necessary, Mr. Greenstein said, for individual shareholders to pay off their existing share loans and then obtain a mortgage on the condominium unit.

He said that in most such situations, a main impediment is the need for the approval of all lenders who hold share loans.

When that happens, he said, shareholders typically have a difficult time obtaining financing for share loans and the building itself has trouble refinancing the underlying mortgage.

For a balanced portfolio which includes both shares and bonds, the uplift to overall returns is in the order of 0.05-0.10% a year, explains James Slater of BNY Mellon, a financial group which helps to arrange share loans.