Stretch Loan

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Dictionary Says

Definition of 'Stretch Loan'

A loan that is extended to another party, either an individual or subsidiary company, that requires a large proportion of the party's cash flows to service the loan on a monthly basis. Usually, this benchmark is 50% of the party's gross income or more.
Investopedia Says

Investopedia explains 'Stretch Loan'

Stretch loans are extended to those individuals or companies that are in dire need of financing. Due to the relatively higher default and financial risk, lenders may require collateral or a large initial down payment before making a stretch loan.
Search results for

'Stretch Loan'

  • 5 Ways To Stretch Your Dollar With What's In The Fridge ...

    http://financialedge.investopedia.com/financial-edge/1211/5-Ways-To-Stretch-Your-Dollar-With-Whats-In-The-Fridge.aspx
    ... 5 Ways To Stretch Your Dollar With What's In The Fridge. Posted:
    December 29, 2011 9:31AM by David Bakke. ...

  • 5 States Where You Can Stretch Your Dollar The Furthest ...

    http://financialedge.investopedia.com/financial-edge/0112/5-States-Where-You-Can-Stretch-Your-Dollar-The-Farthest.aspx
    ... 5 States Where You Can Stretch Your Dollar The Furthest. ... But, how do you know
    which states will allow you to stretch your dollar the most? ...

  • What is the "stretch IRA" concept?

    http://www.investopedia.com/ask/answers/09/stretch-ira.asp
    ... Stretch Your IRA. This question was answered by Steven Merkel. by ... $30K HELOC, 4.59%,
    4.60%. $30K Home Equity Loan, 5.74%, 5.77%. $50K Home Equity Loan, 5.45%, 5.50 ...

  • Stretch Your Savings By Working Into Your 70s

    http://www.investopedia.com/articles/basics/06/workintoyour70s.asp
    Stretch Your Savings By Working Into Your 70s. ... Product, Today, Last Wk. $30K HELOC,
    4.59%, 4.60%. $30K Home Equity Loan, 5.74%, 5.77%. $50K Home Equity Loan, 5.45 ...

  • 6 Questions To Ask Before You Refinance

    http://www.investopedia.com/articles/mortgages-real-estate/09/6-questions-botch-refinance.asp
    ... They're in it for the profit and if they can stretch out a loan for you, they're
    often happy to do it because it allows them to collect more interest. ...

  • Keeping Your Student Loans In Check - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0611/Keeping-Your-Student-Loans-In-Check.aspx
    ... Do the Math Remember, the longer you take to repay the loan, the more interest you ...
    www.SimpleTuition.com to see how much more it will cost to stretch out your ...

  • 5 Investments That Are Better Than Oil - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0111/5-Investments-That-Are-Better-Than-Oil.aspx
    ... Stocks Stocks have had a difficult decade, but history shows that the 10-year period
    after a prolonged rough stretch tends to be above-average. ...

  • 3 Tips For Using Payday Loans - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0112/3-Tips-To-Use-Payday-Loans.aspx
    ... leaving those who are employed struggling to make their income stretch, and forcing ...
    individuals beware of when considering taking out a payday loan, and how ...

  • Mortgage Basics: Fixed-Rate Mortgages | Investopedia

    http://www.investopedia.com/university/mortgage/mortgage1.asp
    ... term of the loan or to make lump-sum payments to retire the loan early with ... they
    are available in a variety of terms, including those that stretch payments out ...

  • The Economics Of Gardening: Can You Dig It? - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0609/The-Economics-Of-Gardening-Can-You-Dig-It.aspx
    ... Canning, saving seeds from your crops for replanting next year, and (where climate
    permits) growing a winter garden are all ways to further stretch your dollars ...

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Product Today Last Wk
$10K MMA 0.50% 0.51%
MMA 0.45% 0.46%
6 Month CD 0.46% 0.47%
1 Year CD 0.70% 0.75%
5 Year CD 1.46% 1.46%
1 Year Jumbo CD 0.66% 0.67%
Rate data provided by Bankrate
Product Today Last Wk
$30K HELOC 4.59% 4.60%
$30K Home Equity Loan 5.74% 5.77%
$50K Home Equity Loan 5.45% 5.50%
$50K HELOC 4.24% 4.24%
$100K Home Equity Loan 5.41% 5.46%
$100K HELOC 4.13% 4.13%
Rate data provided by Bankrate
Product Today Last Wk
30 Year Fixed 3.80% 3.80%
15 Year Fixed 3.09% 3.11%
1 Year ARM 3.54% 3.53%
30 Year Fixed Jumbo 4.38% 4.38%
5/1 ARM 2.65% 2.69%
3/1 ARM 2.69% 2.69%
Rate data provided by Bankrate
Product Today Last Wk
60 Month Used Car Loan 4.51% 4.51%
48 Month Used Car Loan 4.35% 4.35%
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36 Month New Car Loan 3.11% 3.13%
60 Month New Car Loan 3.35% 3.34%
Rate data provided by Bankrate
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