Sentences with phrase «while different types of mortgages»

While different types of mortgages and various lenders are going to have individual credit score requirements, it's important to understand that merely having a good enough score to get approved for a home loan doesn't mean you're going to be offered a great deal.

Not exact matches

So, while FHA does not require PMI (a private mortgage insurance product), they do require borrowers to pay two different types of premiums — the upfront and annual MIP.

So, while FHA does not require PMI (a private mortgage insurance product), they do require borrowers to pay two different types of premiums — the upfront and annual MIP.

Keep in mind that while the FICO Score 8 is the most widely used score, mortgage, auto, and credit card industries may use a different type of FICO score.

While there are many different types of mortgage loans available, you might find it hard to borrow money particularly if you have a bad credit score (due to unpaid credit card bills and such like), are on a low income, only have a small deposit, or have lived in the UK for less than three years — all of which make owner finance an attractive option.

So, while FHA does not require PMI (a private mortgage insurance product), they do require borrowers to pay two different types of premiums — the upfront and annual MIP.