Sentences with phrase «loose credit guidelines»
This loan helps middle - to low - income buyers compete in high - demand areas (San Luis Obispo County) by offering loose credit guidelines and flexible down payment options.
http://www.centralcoastlending.com/ Not exact matches
FHA guidelines have always allowed lower down payments and looser credit qualifications than conventional financing; but during the freewheeling time before the housing bubble burst in 2003 - 2007, conventional loans were just as easy to obtain and many had zero - down - payment options so FHA loans were less popular.
Borrowers are attracted to FHA loans because FHA's requirements in terms of credit guidelines are looser than the requirements for conventional loans, and these loans also require a down payment of just 3.5 percent.
It requires zero down, plus credit guidelines are loose.
It requires zero down, plus credit guidelines are loose.