Our lenders accept any explanation you give as according to them, you know your priorities best.
Not exact matches
Private
lenders accept every reasonable
explanation given but the most popular are:
There is no need to worry, as private
lenders are more lenient than banks,
accepting any reasonable
explanation.
Private
lenders are very lenient and will
accept basically any
explanation given for needing the loan.
Don't worry so much because private
lenders are more lenient than banks,
accepting nearly every
explanation for needing the money.
Private
lenders are very flexible and will
accept any reasonable
explanation given.
The
lender may require information on how the loan money will be used but being flexible they will
accept whatever
explanation you give.
Private
lenders will ask your reasons for needing the loan but will
accept any
explanation because they are more flexible than banks.
FHA Requires that if a loan has received an
Accept or Approve or Refer decision from an approved automated underwriting engine using FHA's TOTAL Scorecard, the
lender «must obtain an
explanation and documentation for recent large deposits in excess of 1 % % of the property sales price, and verify that any recent debts were not incurred to obtain part, or all, of the required cash investment on the property being purchased.»
Private
lenders are quite lenient and
accept most reasonable
explanations for needing mortgages.
Following a strict code means that banks will reject a loan application for the
explanations given but private
lenders generally
accept anything reasonable.
Compared to banks, private
lenders are very lenient;
accepting any reasonable
explanation.