Sentences with phrase «other nontraditional credit»

Not exact matches

People below Credit Score of 530 are generally ineligible for FHA loans; however FHA does offer some concessions for applicants without credit history who are categorized under «nontraditional credit history» or «insufficient credit» who meet other requireCredit Score of 530 are generally ineligible for FHA loans; however FHA does offer some concessions for applicants without credit history who are categorized under «nontraditional credit history» or «insufficient credit» who meet other requirecredit history who are categorized under «nontraditional credit history» or «insufficient credit» who meet other requirecredit history» or «insufficient credit» who meet other requirecredit» who meet other requirements.

But if you have no credit history or what's sometimes called a nontraditional credit history, which is one with no credit card debt or other kinds of loans, it might be harder to establish a set of credit stats.

Nontraditional Credit If an individual has no traditional history of credit — credit cards, or student or car loans — he or she may document a good payment record using other sources, including rent, utilities, telephone, cable payments, and other accCredit If an individual has no traditional history of credit — credit cards, or student or car loans — he or she may document a good payment record using other sources, including rent, utilities, telephone, cable payments, and other acccredit — credit cards, or student or car loans — he or she may document a good payment record using other sources, including rent, utilities, telephone, cable payments, and other acccredit cards, or student or car loans — he or she may document a good payment record using other sources, including rent, utilities, telephone, cable payments, and other accounts.

IndyMac's aggressive growth strategy, use of Alt - A and other nontraditional loan products, insufficient underwriting, credit concentrations in residential real estate in the California and Florida markets — states, alongside Nevada and Arizona, where the housing bubble was most pronounced — and heavy reliance on costly funds borrowed from a Federal Home Loan Bank (FHLB) and from brokered deposits, led to its demise when the mortgage market declined in 2007.

Nontraditional Credit History: A record of credit performance shown with receipts and check stubs from payments to landlords, utility companies, child - care providers and other applicants who do not have a credit history from traditional loans and other forms of cCredit History: A record of credit performance shown with receipts and check stubs from payments to landlords, utility companies, child - care providers and other applicants who do not have a credit history from traditional loans and other forms of ccredit performance shown with receipts and check stubs from payments to landlords, utility companies, child - care providers and other applicants who do not have a credit history from traditional loans and other forms of ccredit history from traditional loans and other forms of creditcredit.

Documents confirming the existence for a nontraditional credit provider may include a public record from the state, county, or city records, or other means providing a similar level of objective confirmation.