Sentences with phrase «lenders want»

It took years of financial discipline and regular bill payments to become a credit worthy borrower whom all the lenders want.

Lenders want to see that you have a manageable amount of debt and that you use it responsibly.

Mortgage lenders want to see that you have had steady work for the last several years.

Lenders want to see that you have a mix of credit types.

Some lenders want to work directly with the seller when it comes time to funding the loan — either transferring it directly to the seller's account or making a check payable to the seller.

Lenders want to make sure you can handle the additional workload.

Most lenders want to see that you either have a steady job or a job offer.

Lenders want to see that you're able to use credit appropriately and repay in a timely fashion.

For a start, these lenders want to see details on the bankruptcy case, and any related documentation.

If you're borrowing money to buy a home, lenders want to know you'll pay them back in a timely manner, and a credit score is an easy estimate of those odds.

«Lenders want to see that you have savings to cover unexpected expenses of homeownership,» says Maloney.

Even though bankruptcy affects your credit score, a bankruptcy discharge is what lenders want to see.

This tip may sound obvious, but it bears repeating: Paying your bills on time is exactly what lenders want to see on your credit report.

Lenders want to be certain you can easily repay the principal loan amount, along with interest fees and any other applicable charges should you request a repayment extension.

Lenders want to look for patterns, and if they see that you have had a solid credit rating for a long time, they will be more likely to grant you what you need.

Above all, lenders want to know they're going to be paid back.

This is the type of consumer credit lenders want to attract.

Lenders want to see steady income and employment.

Lenders want to see a proven track record of responsible borrowing and repayment behavior.

Payment History: The first thing lenders want to know is whether you have paid your past accounts on time, in full.

This helps build up your credit history (lenders want to see 2 + years of history).

Lenders want to know whether your outstanding debt — credit cards, mortgages, lines of credit, etc. — exceeds your ability to pay it off.

Most lenders want you to have a FICO score that is in the mid to upper 600's and let's face it - many recent college grads just don't have that kind of creditworthiness.

Most lenders want your monthly housing costs — mortgage payment, insurance premiums and property taxes — to consume no more than 28 % of your gross income.

Since most lenders want at least a year in business, you should wait until you reach that milestone to find eligible term loan options.

The point is that lenders want to see that you're using your credit and doing so responsibly.

Great credit — Lenders want to loan you money.

Here's what lenders want before they'll preapprove you for a home loan.

If you're self - employed, lenders want to see at least two years of self - employment to verify that you can make it on your own and still pay your bills on time, says Huettner.

Since this means you've shown an excellent ability to pay off your past debts, mortgage lenders want your business — and will try to entice you by offering loans with the lowest interest rates, says Richard Redmond, mortgage broker at All California Mortgage in Larkspur and author of «Mortgages: The Insider's Guide.»

FHA lenders want to see that you are qualified for your current position, and that you are likely to remain in that position or a better one in the future.

Most lenders want a client's DTI to not exceed 36 %, so you could add only an $ 800 - per - month mortgage (including homeowner's insurance, property taxes and private mortgage insurance) and stay below the 36 % DTI threshold.

Lenders want to be paid back on their loan, and you don't want to miss payments.

Lenders want to ensure that you have stable job that can guarantee a good source of income for you.

It seems these lenders want more and more people to retire broke, become a future burden on an already crumbling public financial safety net and forgo and legal opportunity to get a financial fresh start or reorganize debt.

Lenders want to see impeccable credit history, but they will accept credit scores and credit histories that are less than perfect if you make payments on time and your entire debt is low compared to your income.

Lenders want to be assured that someone will pay back the debt, and often students have little to no credit history and aren't employed while attending college.

Lenders want to see that you are not a liability, so seeing your solid credit history will help you secure a lower mortgage rate, or auto loan rate, for example.

Most lenders want a 640 credit score, however there are some lenders now doing FHA and VA loans down to a 580 score with no bankruptcies in the last 2 years and no foreclosures in the last 2 years.

In addition, some lenders want to see a 2 to 3 - month cash reserve after paying mortgage - related expenses.

No lenders want to give out loans to somebody that may not pay back their money.

Most times when refinancing a mortgage or taking out a home equity loan lenders want to know what the loan to value is.

Usually lenders want to see that you have 80 % LTV remaining after you take out your home equity loan.

The reason is that lenders want to lend money, since this is only way they can actually make profits.

Lenders want to see a credit profile that shows mostly on - time payments across various credit accounts.

Most lenders want you to refinance a minimum of $ 5,000 and some even require $ 10,000 to qualify.

Lenders want to be repaid so whatever assets are in the estate must be liquidated to pay off those debts.

VA - approved lenders want to see that prospective borrowers can return to a solid financial footing over a two - year period.

Before lending you money, lenders want to know how big of a credit risk you are.

Most lenders want you to bring in at least a certain amount each month or each year.