Sentences with phrase «underwriting criteria»

Why is it important to understand underwriting criteria for insurance policies you are applying to?

Keep in mind that every company is going to have different underwriting criteria so don't hesitate to ask an agent any questions.

Our knowledge of the real estate marketplace allows us to fund transactions that often do not meet the strict underwriting criteria of traditional lenders.

Each credit union may have its own underwriting criteria used to approve application for the loan.

That also means that the interest rates for these loans are set by the lenders, based on the borrower's credit history and / or other underwriting criteria determined by the lender.

To obtain lender approval for a «cosigner release,» borrowers must often meet certain underwriting criteria.

They charge slightly higher rates than big banks, but have less stringent underwriting criteria.

Each lender has its own specific underwriting criteria, so you may have a higher chance of approval by certain lenders.

The combined low down payment and flexible underwriting criteria provide affordable options for parents helping their children with buying a first home.

This is important because weight, often measured by body mass index or BMI, is one of the most important underwriting criteria.

Every life insurance company has their own unique underwriting criteria.

Companies have reported that they are now able to accept some customers who would have otherwise been denied coverage using only more traditional underwriting criteria.

Having the letter means that you met one of the three key underwriting criteria about three weeks before.

But, if you lie about your job, income or any other critical underwriting criteria, they will figure it out and deny your request.

Each company has their own underwriting criteria when you apply with them.

Only lenders whose underwriting criteria aligns with your needs will be matched to you, saving you time and energy.

This makes it more difficult to pass underwriting criteria.

The bank provides the consumer - reporting agency with precise underwriting criteria.

The massive impact is still being felt today in the form of increasingly rigid underwriting criteria that every applicant will have to successfully navigate if they want any chance of having their application approved.

Overall, credit scores are universally accepted and legal underwriting criteria, and they serve as the basis for consumer lending.

But if you have your doubts you can easily just filter out these changes and stick primarily with loans that meet the old underwriting criteria.

Each lender offers a host of specific benefits and uses custom underwriting criteria.

Additionally, both lenders evaluate an applicant's credit history and score, as well as other underwriting criteria which may include income, debt - to - income, and work history.

Additionally, each life insurance company will have its own internal underwriting criteria that it uses to make its own individual determination.

This can happen for a variety of reasons, such as too many large insurance claims, failure to pay your bills on time, or when certain underwriting criteria change.

Many people qualify for the standard rate because they have multiple underwriting criteria working against them.

We've explained that each insurer has charges different rates... each offers different discounts... and each insurer has different health underwriting criteria.

There are a number of underwriting criteria that determine your life insurance rates.

Anything larger is considered a jumbo loan and usually comes with stricter underwriting criteria.

They charge slightly higher rates than big banks, but have less stringent underwriting criteria.

Insurance premiums in the usual market are priced based on many different underwriting criteria.

Rates above are available for loan amounts over $ 2,000 and are subject to meeting certain underwriting criteria, such as owner occupancy and loan - to - value ratio.

Each lender has its own specific underwriting criteria, so you may have a better chance of approval by certain lenders.

This is important because weight, often measured by body mass index or BMI, is one of the most important underwriting criteria.

Each company has its own unique underwriting criteria they use to classify a given risk.

Loans are subject to credit approval and other underwriting criteria.

Although they will need to qualify for other credit considerations, the equity they have in their house is one of the more critical underwriting criteria.

Every lender has its own underwriting criteria, qualification requirements, loan terms and repayment schedules.

Navient currently says, «The release of the cosigner is subject to the above documentation and meeting the credit underwriting criteria in effect when the release request is processed.»

Additionally, smaller banks are often a bit more flexible on underwriting criteria for loan requests within the bank's local market.

Opportunity loans, where a lender allows the college to override the normal credit underwriting criteria on its private student loan in exchange for favorable placement on the preferred lender list, are prohibited.

The report concludes that most of those taking online loans do not meet underwriting criteria for traditional loans and that these lenders are not disclosing important loan terms like APR or clearly identifying terms as basic as the frequency of payments.

As private mortgage lenders, we provide the professional real estate investor and property owner with the ability to borrow on underwriting criteria not available through institutional lenders.

The student must be the age of majority (16 - 21 years old, depending on the state in which you live) and meet the current underwriting criteria under the loan program at the time of applying for cosigner release.