Sentences with phrase «dictated by the mortgage lender»
This scenario is often dictated by the mortgage lender.
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A buyer's credit score is a major factor that dictates the mortgage interest rate offered by the lender.
Common sense would seek to dictate that if FHA lenders underwrite mortgages according to FHA requirements, and mortgage servicing companies take care of customer service and loan administration duties as required by FHA, there shouldn't be any justification for upping the ante on FICO credit scores required for FHA loans.