Sentences with phrase «as ideal borrowers»

The unemployed can hardly be considered as ideal borrowers by lending firms.

People with excellent credit scores are generally seen as the ideal borrower because they've proven over a long period of time with many different accounts that they can pay back their debt on time and in full.

Not exact matches

However, as financing choices have become limited during this tightened credit market, borrowers may need to shop carefully to find a FHA approved lender with ideal terms

It can be assumed that an ideal applicant has an established credit history with a good track record, helping indicate the applicant as a low - risk borrower.

Rehab loans are ideal for borrowers who need to secure money quickly, as it generally takes under a few weeks to get approved and receive the capital requested, whereas traditional lenders can drag the process out for one to three months.