The phrase "qualification criteria" refers to the specific requirements or conditions that must be met in order to be considered eligible or qualified for something. Full definition
Traditional brick - and - mortar banks may have more stringent qualification criteria for how to pay off debt and charge more. (freedomdebtrelief.com)
Most lenders will require a good credit score, above 700 to meet the 2nd mortgage qualification criteria. (1secondmortgage.com)
Some of our loan programs are well suited for first - time home buyers, because they offer flexible qualification criteria and low down payments. (bpfund.com)