Sentences with phrase «relaxed than conventional loan»

The FHA loan guidelines are more relaxed than conventional loan guidelines — and this includes less strict regulations about past bankruptcies and / or foreclosures, job requirements, use of alternative credit, and debt - to - income ratios.

VA loans are more relaxed than conventional loans when it comes to recent foreclosure or bankruptcy.

FHA mortgage loans have lower interest rates, and credit guidelines are more relaxed than conventional loans, and only a 3.50 % down payment is required.

Not exact matches

Short - term lenders typically have more relaxed eligibility requirements than conventional banks or SBA loans do.