Sentences with phrase «forgiving credit guidelines»
The good news is VA loans feature more flexible and forgiving credit guidelines than other loan types.
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The good news is VA loans feature more flexible and forgiving credit guidelines than other loan types.
Not exact matches
Credit guidelines for VA loans are generally more forgiving compared with conventional loans, and VA buyers don't have to spend years scraping up a down payment.
FHA guidelines are a little more forgiving when it comes to credit history, making it the only practical option for some home buyers who had a prior bankruptcy, foreclosure, or short sale in the past few years.
The VA loan guidelines are more forgiving as the underwriters may be more understanding than conventional lending so even if your credit score is below 600, there is a good chance you will qualify for a VA home loan.
Credit guidelines continue to be flexible and forgiving.
Many people with past credit issues have found a good alternative with FHA home refinance loans because the guidelines are more forgiving with credit.
VA lending guidelines are much more forgiving regarding credit scores, short sales and foreclosures.