Sentences with phrase «minimum standard credit score»

The more problematic issue with apartment rental credit checks is that there's really no minimum standard credit score that renters will need, so it's difficult to actually figure things out as far as what you should expect.

Not exact matches

* Minimum credit score on top loans; other loan types or factors may selectively influence minimum credit score stMinimum credit score on top loans; other loan types or factors may selectively influence minimum credit score stminimum credit score standards

Along with lower mortgage rates, which makes it easier to qualify for a loan, lender requirements are looser, minimum credit score standards are lower, and loan approval times are quicker.

However, borrowers with lower credit scores may have trouble qualifying because of the lender's lack of government - sponsored loan programs and adherence to Fannie Mae's minimum credit standards.

The program also has easier qualifying standards, including no minimum credit scores....

That typically means they're looking for applicants with a credit score meeting their minimum credit standards.

Why HUD has established such minimum credit score standards seems curious.

While the FHA requirements include a minimum standard set by the FHA such as a credit score above 580, most lenders require a credit score of 620 or 640 or higher.

Most American Express cards have to be paid off each month — compared to most Visa, MasterCard, and Discover cards that have only a minimum payment due each month — so America Express has a higher standard (and a higher credit score requirement) for its card holders.

Unacceptable reasons include «you didn't meet our minimum standards» or «you didn't receive enough points on our credit scoring system.»

Along with lower mortgage rates, which makes it easier to qualify for a loan, lender requirements are looser, minimum credit score standards are lower, and loan approval times are quicker.

If your credit score doesn't meet the business» minimum qualification standard, you would not be eligible for these sorts of money - saving deals.

If your credit score does not meet minimum standards you may not even have the ability to get a home mortgage period!

Everyone else meets at least the minimum mortgage credit score standard.

As you can't do much against the credit standards being set, [thankfully GMAC just reset credit score minimums back to 621 from 700 opening the door for 41 Million consumers], the focus will be on things you can do to keep your credit score high and / or get it highe

Prosper 1.0 was from their beginning in 2006 to 2008 when underwriting standards were very lax (the minimum credit score was 520) and investor returns, on average, were negative.

This applicant may meet the minimum credit standards established by the GSEs or HUD, but may not be approved by the lender because the score falls below its credit quality criteria.

There are however standards that VA lenders follow and most lenders use the same credit score minimums.

That being said, the government doesn't set minimum income or credit score standards.

Fed report: Banks tighten lending standards even more — Lenders are sharply tightening standards, by cutting credit limits and increasing minimum payments and required scores.

Find out what the equity and minimum credit score standards are for home equity credit line offers.

For cardholders with the best credit scores, the SunTrust Cash Back card is a great choice for transferring a balance: It offers a low minimum interest rate, modest balance transfer fee and lengthy interest - free promotion; however, cardholders with lower scores could get stuck with a much higher standard interest rate.

If your credit score does not meet minimum standards you may not even have the ability to get a home mortgage period!

* Minimum credit score on top loans; other loan types or factors may selectively influence minimum credit score stMinimum credit score on top loans; other loan types or factors may selectively influence minimum credit score stminimum credit score standards