Sentences with phrase «certain minimum credit score»

Not exact matches

The borrower will need to meet certain credit requirements before cosigner release will be granted, including a minimum income and credit score, and a maximum debt - to - income ratio.

By reviewing statistics relating to minimum credit scores and FHA loans, the government can see certain patterns.

However, certain banks or lenders often try to weed out potential borrowers that could be a credit risk, which means they'll have a much higher minimum credit score guideline.

By reviewing statistics relating to minimum credit scores and FHA loans, the government can see certain patterns.

Most online lenders require that business owners have a minimum credit score around 500 to 600 and have been in business for a certain period of time, usually a year or two, in order to be eligible.

A insurer or creditor establishes criteria, like a minimum credit score, and they ask for a list of people from the credit reporting agency's database who meet their criteria or the insurer or creditor provides a list of potential customers to a credit reporting agency and asks them to identify the people on the list who meet certain criteria.

The CRL asserts that the recent foreclosure crisis was caused not by low income borrowers, but instead by the greed driven actions and decision making by certain mortgage lenders and brokers; it notes that proposals for raising the minimum credit score requirement and charging higher mortgage insurance premiums up front and annually will obstruct the path to buying a home for some.

The primary borrower must also meet certain credit requirements before cosigner release can be granted, including a minimum income and credit score, and a maximum debt - to - income ratio

The borrower will need to meet certain credit requirements before cosigner release will be granted, including a minimum income and credit score, and a maximum debt - to - income ratio.

Not only will you need a minimum FICO score of 600, but you must have a debt - to - income ratio under 40 % and meet certain requirements regarding your credit history.

These offers typically are sent if you meet certain requirements such as a minimum credit score, but you may choose to opt out of such correspondence by calling 1 -888-5-OPTOUT (1-888-567-8688).

You'll need to meet certain income and credit requirements — FHA loans call for a minimum credit score of 500, and VA loans require a minimum score of 620 — but these loan programs could allow you to purchase a home with less than 20 % down.

While the Veterans Administration does not require a certain credit score for veterans to be eligible for a VA home loan, the actual lender will require a minimum credit score.

However, certain banks or lenders often try to weed out potential borrowers that could be a credit risk, which means they'll have a much higher minimum credit score guideline.

Many lenders will turn people down immediately upon seeing a credit score that doesn't meet a certain minimum threshold.

Also, for you to qualify for certain loans, you are expected to have a certain credit score minimum.

When it comes to determining what credit score is needed to buy a house meeting the minimum credit score requirement can be a challenge for certain individuals.

You will need to meet certain criteria such as minimum credit scores and a maximum debt - to - income ratio of 45 %.