Sentences with phrase «credit underwriting standards»

«First, we'll need a much more clear understanding of credit underwriting standards for commercial mortgages,» he says.
3) You are expected to meet normal credit underwriting standards and must occupy the property as your principal residence.
The lenders use fairly minimal credit underwriting standards for cosigners, such as a minimal threshold on annual income.
chastised banks are likely to be very much more frugal in home lending for the foreseeable future — and THAT more than anything is what likely ordains lower prices in housing, as the prices of 2007 were the product of the near - evaporation of credit underwriting standards.
«The primary methods used for easing credit underwriting standards were changes in pricing and fees, scorecard cutoffs, and debt - to - income ratios.»
The co-borrower (s) must meet FAME's credit underwriting standards which include:
Some might argue that when too many players compete in a lending market, credit underwriting standards typically suffer as lenders fight for loan opportunities, even though they all face similar costs of capital.
3) You are expected to meet normal credit underwriting standards and must intend to occupy the property as your principal residence.
First, its credit underwriting standards are less rigorous than Fannie Mae's and Freddie Mac's.
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