Sentences with phrase «consider approving a loan application»
Most traditional lenders will want to see your credit report before they will consider approving a loan application.
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The underwriting team decides what criteria to consider when determining whether to approve or deny a student loan application.
Banks and finance companies are both considered «direct lenders,» meaning their analysts review your loan application, then decide whether to approve it.
If the lender considers that the new mortgage loans might put too much pressure on your income, your application for mortgage loan will not be approved.
To make a decision — whether to approve your loan application or to decline it the lender considers your credit report obtained from special agencies.
Mortgage lenders often consider «substantial cash reserves» as a «compensating factor» if other parts of a mortgage loan application seem marginal or close to the limits of what can be approved.
There are several factors that lenders consider before deciding whether or not to approve a loan application.
Until your financing is approved, your loan application should be considered a work in progress.