Sentences with phrase «loan applicants worry»
A lot of loan applicants worry about credit record.
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While some lenders might be worried that borrowers with student loan debt might not be able to handle monthly mortgage payments, Fannie Mae is anticipating that the mortgages originated under the new guidelines will have low default rates since applicants must still meet regular credit score and other underwriting criteria.
For applicants who are worried that their low credit scores or short credit history might hurt their chances of getting a personal loan, Upstart could present the right loan option.