Sentences with phrase «lenient than conventional mortgage»
It's no secret that establishing credit is not easy after either of these events, but FHA requirements are more lenient than conventional mortgage underwriting guidelines.
http://www.fhaloanpros.com/ Not exact matches
: FHA mortgage lenders typically have more lenient guidelines than their conventional - loan counterparts, Fannie Mae and Freddie Mac.
These are generally more lenient than comparable requirements for conventional mortgage financing.
FHA guidelines are more lenient than conventional lending requirements, and can provide homeowners the opportunity to take advantage of today's low mortgage rates for refinancing.
McIntyre counseled the Rockwells to apply for an FHA mortgage, which generally has more lenient requirements after foreclosure than a conventional loan.
FHA loans require only a 3.5 percent down payment and have more lenient lending standards than conventional loans, though borrowers have to carry long - term mortgage insurance.