Sentences with phrase «home loan applications declined»
Yet, while home loan applications declined between 2004 and 2015, loan approval rates (the share of applications that are ultimately funded or originated) increased during the same period among all applicant groups.
http://www.pewsocialtrends.org/
FHA home loan applications declined by 51.8 % from 243,511 in January 2009 to 126,043 applications during January 2010.
Not exact matches
Second mortgage applications declined again as the credit crunch has tighten underwriting guidelines for home equity loan programs.
May 17, 2018 - Refinance Applications Drop Amid General Decline in Mortgage Applications A report released by the Mortgage Bankers Association yesterday shows that US mortgage applications to refinance existing home loans dropped to their lowest level Applications Drop Amid General Decline in Mortgage Applications A report released by the Mortgage Bankers Association yesterday shows that US mortgage applications to refinance existing home loans dropped to their lowest level Applications A report released by the Mortgage Bankers Association yesterday shows that US mortgage applications to refinance existing home loans dropped to their lowest level applications to refinance existing home loans dropped to their lowest level in a decade.
In fact, a couple with no debt, a decent down payment, and a $ 100k income, could potentially be declined for a modest home loan application because their credit history is too thin.
The proportion of mortgage applications to refinance home loans declined to 54.1 % from 59.4 % one week earlier.
Contract failures are cancellations caused by declined mortgage applications, failures in loan underwriting from appraised values coming in below the negotiated price, or other problems including home inspections and employment losses.