Having got the money, how, in the present state of his trade, was the loan to
be paid back?
What is the ruinous discount which Mordecai, the broker, gets from poor Woebegone, the bankrupt, on a loan to
keep Woebegone's family from starvation; what is that ruinous discount but a Fast-Fish?
The lender-parent is deemed to have made a loan to
the borrower-child at the applicable Federal rate (AFR).
Consolidation--taking out a new loan to
pay off old ones--can be a good option for anyone looking to reduce large student loan bills.
The Federal Home Loan Mortgage Corporation made a mortgage loan to
a limited partnership which owned a building in Brooklyn.
These factors apply equally to determining whether a loan to
an unrelated party is bona fide, but the standard of proof for family loans generally is higher.
Typically, participants have five years to repay the loan, and they cannot renegotiate the loan to
extend the repayment limit.
In 1998, BLC issued a loan to
Kalindi LLC in connection with the purchase and renovation of a Warner Robbins, Georgia motel.
Going from a 30-year loan to
a 5/1 ARM might cut your rate by around 0.
The taxpayers in Huntsman obtained a 3-year balloon loan to
buy a home, later replacing it with a 30-year loan.
When a shareholder makes a direct loan to
his S corporation, the shareholder acquires additional basis in his investment in the corporation that can be used to offset losses that flow through to the shareholder's return.
The IRS paralleled the DOL loan restrictions which, if not met, will cause the loan to
be classified as a prohibited transaction subject to a 5% excise tax (Sec.
Most important, the direct contact will enable the banker to be knowledgeable when he presents arguments for the loan to
the loan committee.
The weighted average original loan to
value ratio (OLTV) of the group 1 loans is approximately 54.
5 million refinancing loan to
complete minor cosmetic