Understanding the differences among
the main types of lenders can help you narrow down the field.
Not exact matches
Low rates aren't the
main advantage
of the VA loan program — that would be the low down payment option — but for now the best VA
lenders seem to offer slightly better rates than most other mortgage
types.
There are two
main types of mortgages: a conventional loan guaranteed by a private
lender or banking institution, or a government - backed loan.
The two
main types of scoring models used by Equifax, Experian, and TransUnion for most
lenders are from FICO and VantageScore.
The two
main requirements for a short sale to be approved are that the market value
of the home is less than the mortgage owed and the seller must be able to demonstrate some
type of financial hardship to their
lender.