Sentences with phrase «combination of lower credit scores»

The combination of a low credit score and a 10 - percent down payment is unlikely except for those named in a will or who recently won the lottery.

The combination of a low credit score and a 10 % down payment is unlikely but in the past these types of bad credit borrowers were able to finance using the FHA loan programs.

Not exact matches

Credit scores are usually not an issue to lenders, as they know that your new payment would be much lower than a combination of the monthly payments on all your credit card accCredit scores are usually not an issue to lenders, as they know that your new payment would be much lower than a combination of the monthly payments on all your credit card acccredit card accounts.

The new handbook explains how mortgage underwriters should handle borrowers who have a combination of (A) relatively low credit scores, and (B) relatively high debt ratios.

If you have a credit score that falls below 700, then you should focus on building up your credit score with a combination of lowering your credit utilization and making sure your bills are paid on time.