Sentences with phrase «among qualified residential mortgages»
Second, among qualified residential mortgages the FHA loan is a very good choice for those with less than 20 percent down or who lack qualified VA service.
http://www.fhaloanpros.com/ Not exact matches
The qualified residential mortgage (QRM) rule that federal regulators released last week falls into this category in some respects, because regulators at first wanted to require a qualified mortgage to come with a 20 percent downpayment, among other things.
In a small but notable victory for consumers and REALTORS ®, federal banking regulators pushed back to Aug. 1 from June 10 the deadline for public comment on their controversial rule to define a safe, qualified residential mortgage as one with at least 20 percent down, among other strict underwriting criteria.