Sentences with phrase «lenders against losses»

The FHA's role is to insure those lenders against losses on their loans.

It insures FHA approved mortgage lenders against losses on loans made according to its underwriting requirements.

The program insures private lenders against losses of up to 90 percent of the value of a single loan.

Note that FHA loans require mortgage insurance to protect lenders against losses that result from defaults on home mortgages.

The agency insures lenders against losses due to a borrower's default.

The Federal Housing Administration insures lenders against losses that may result from borrower default.

FHA insures mortgage lenders against losses associated with its loan programs: failing to pay taxing authorities can result in liens against your home.

Through insuring mortgage lenders against losses on home loans, the FHA assists with providing loans to borrowers who may not qualify for conventional mortgages.

FHA doesn't directly fund mortgages, but it insures mortgage lenders against losses associated with mortgage default and foreclosure.

FHA insures its approved lenders against losses on its home loan programs.

Insurance that protects lenders against losses caused by a borrower's default on a mortgage loan.

FHA insures its approved lenders against losses in much the same way by charging borrowers an up - front mortgage insurance premium (UFMIP) of up to 1.75 % of the mortgage amount at closing.

FHA does not make home loans, but guarantees its approved mortgage lenders against losses arising from failing FHA loans.

Although FHA doesn't directly lend money for mortgage loans, it guarantees its approved lenders against losses stemming from defaults on mortgages approved under FHA guidelines; its lending programs assist first time, credit challenged, and moderate income buyers.

Faulty loan underwriting, lending discrimination, and sloppy loan approval practices cost FHA as the agency insures mortgage lenders against losses incurred when mortgage loans fail.

In case you're wondering why FHA should care whether a mortgage lender forecloses on homeowners who can not make their mortgage payments, FHA insures mortgage lenders against losses associated with FHA loans.

FHA, which insures mortgage lenders against losses on home mortgage loans, is tightening its lending requirements and changing down payment requirements for borrowers with credit scores below 580.

Although FHA does not directly make mortgage loans, it insures FHA approved lenders against losses on loans backed by FHA.

The Federal Housing Administration, which is part of HUD, insures lenders against losses relating to borrower default.

Doesn't the FHA protect the lenders against losses?

Private mortgage insurance (PMI) is a special type of insurance policy that is paid by the borrower and protects lenders against loss if a borrower defaults.

Private Mortgage Insurance (PMI) is a special type of insurance policy, provided by private insurers, to protect a lender against loss if a borrower defaults.

The insurance protects the lender against losses resulting from borrower default.

The government insures the lender against losses that might result from borrower default.

Called FHA Mortgage Insurance Premium (MIP), this fee is a type of insurance that protect lenders against loss in case the home buyer can't make the payment.

Much like an auto insurer insured policyholders against loss from damage or accident, the FHA agreed to insure lenders against loss from lack of payment (which is known as «default» in mortgage terminology).

With the creation of the G.I. Bill that year, the VA Home Loan Guaranty program was established, which guaranteed lenders against loss on mortgage loans made to veterans.

The FHA mortgage program insurance mortgage lenders against loss, which allows banks to offer reduced rates to borrowers.

Based on recent PMI rates from mortgage insurance provider MGIC, this is a fee you pay on top of your mortgage payment to insure the lender against loss.

• VA Funding Fee — A fee paid by a buyer or seller to insure the lender against loss through default on a VA loan.

Private mortgage insurance covers lenders against loss.

PMI is a mandatory insurance policy for conventional loans which insures a lender against loss in the event that the homeowner stops making payments on a mortgage loan.

The insurer will guarantee the lender against loss in the event of a foreclosure.

The loan is guaranteed by the Department of Veterans Affairs to protect the lender against loss in the event of default.

Private mortgage insurance (PMI)-- Protects the lender against a loss if a borrower defaults on the loan.

Private mortgage insurance protects the lender against any loss in the event of default on the mortgage loan.

Because the FHA insures lenders against loss, recently, FHA mortgage rates have been lower than rates for non-insured, comparable conventional loans.

The amount of entitlement relates only to the amount VA will guarantee the lender against loss.

A contract that insures the lender against loss caused by a mortgagor's default on a government mortgage or conventional mortgage.

Your VA loan guaranty, which protects the lender against loss, encourages the lender to make a loan with terms favorable to the veteran.

The VA guaranty, which protects the lender against loss, encourages the lender to make a loan with terms favorable to the veteran.

Private Mortgage Insurance, or PMI, is insurance that protects the lender against loss if you (the borrower) stop making mortgage payments.

The Federal Housing Administration ensures the mortgage lender against losses that may result from a borrower default.

This will protect the lender against loss of investment in case anything happens to the property.

Insurance that protects the lender against loss caused by a borrower's default on a mortgage loan.

Mortgage indemnity insurance, sometimes known as a mortgage indemnity guarantee (MIG), is insurance that covers the mortgage lender against a loss.

Mortgage Insurance A contract that insures the lender against loss caused by a mortgagor's default on a government mortgage or conventional mortgage.

It protects the lender against the loss of the property securing your mortgage.

Private Mortgage Insurance (PMI) Mortgage insurance provided by a private mortgage insurance company to protect lenders against loss if a borrower defaults.

Title Insurance: Title insurance protects a real estate owner or lender against any loss or damage they might experience because of liens, encumbrances, or defects in the title to the property, or the incorrectness of the related search.