Sentences with phrase «flexible underwriting guidelines»

The MyCommunity Mortgage ® is a Fannie Mae 3 % down payment affordable lending program that gives borrowers access to flexible underwriting guidelines and reduced private mortgage insurance (PMI) coverage for moderate income home buyers in California.

The MyCommunity Teacher Mortgage gives teachers in California access to a low down payment home loan with more flexible underwriting guidelines and discounted PMI.

Fannie Mae's Community Home Buyer's Program An income - based community lending model, under which mortgage insurers and Fannie Mae offer flexible underwriting guidelines to increase a low - or moderate - income family's buying power and to decrease the total amount of cash needed to purchase a home.

This program provides innovative solutions for borrowers seeking flexible underwriting guidelines.

With all these combined features including flexible underwriting guidelines, Conventional Plus offers a lower monthly payment than most mortgages.

To begin, two categories of life insurance that many people don't know about, and provide more flexible underwriting guidelines are so - called Guaranteed Issue and Simplified Issue Graded Life Insurance policies.

In fact, flexible underwriting guidelines allow this type of policy to provide approval results in much less time — usually within one day.

VA loans allow 100 % financing, never require mortgage insurance, and carry flexible underwriting guidelines which makes it easier for you to get to your closing on - time.

FHA loans have flexible underwriting guidelines.

These programs feature remarkably flexible underwriting guidelines as long as you have a substantial down payment, and can afford the higher fees and interest rates that go along with «non-prime» or «non-QM» financing.

FHA ARMs also confer the other advantages of FHA loans — 3.5 % down payments, flexible underwriting guidelines, and the ability to streamline refinance into either another ARM or a fixed - rate mortgage with no appraisal or credit qualifying.

FHA loans are popular in spite of their mortgage insurance, because they offer flexible underwriting guidelines.

Not exact matches

For many, FHA underwriting guidelines are much more flexible when it comes to dealing with credit issues and other qualification factors.

The best choice for individuals who want to make a minimal down payment and are looking for more flexible credit and underwriting guidelines.

This provides mortgage lenders a safety net as incentive for making loans with lower down payments and flexible underwriting allowed by FHA guidelines.

Veterans Administration (VA) mortgages are guaranteed by the VA with very flexible underwriting and down payment guidelines for veterans and their spouses only.

Federal Housing Administration (FHA) mortgages are insured by the FHA and they offer more flexible down payment and underwriting guidelines.