Sentences with phrase «require higher credit scores»

Jumbo loans require higher credit scores than non-jumbo to move the needle on LTV or interest rate.

Tighter lending standards require higher credit scores and larger down payments, especially for jumbo loans, and these take time to build.

For example, a cash - out refinance may be limited to a lower loan size as compared to a rate - and - term refinance; or, may require higher credit scores at the time of application.

These insurance providers often require higher credit scores than the lenders themselves.

We've previously commented on the phenomenon of «investor overlays,» which occur when FHA lenders require higher credit scores or more stringent underwriting criteria than FHA requires.

Major financing enterprises like Fannie Mae and Freddie Mac require higher credit scores than other lenders, and these are the two primary lenders that handle mortgages today.

All rewards cards tend to require higher credit scores than the average credit card; premium rewards require scores of at least 700.

Beyond that, most competitors require higher credit scores and at least one year of operating history in order to be considered for a loan, while others require a two - year business history.

Conventional loans (that are not insured by the government) sometimes require higher credit scores than FHA and VA..

For example, a cash - out refinance may be limited to a lower loan size as compared to a rate - and - term refinance; or, may require higher credit scores at the time of application.

These insurance providers often require higher credit scores than the lenders themselves.

A conventional loan will require a higher credit score and a longer period of positive credit history.

These loans require a down payment of just 3.5 percent of a home's purchase price, and don't require a high credit score.

These loans don't require a high credit score.

The major Canadian banks require a high credit score in order to approve a mortgage.

Mortgage lenders began requiring higher credit scores than FHA required in early 2009.

Some FHA approved lenders are requiring higher credit scores for approving FHA loans.

Underwriting for these programs is stricter, in general requiring higher credit scores and larger down payments for approval.

As a result, they are requiring higher credit scores, lower debt ratios, and more documentation.

Thus, they are going to require high credit scores in order to gain approval from the issuer.

These loans don't require a high credit score.

Credit First National Association doesn't require a high credit score to be qualified for the Firestone Complete Auto Care credit card.

Unlike government student loans that typically come with low interest rates and generous repayment terms, private loans require high credit scores to qualify and rigorous payment plans that have a nasty reputation for producing defaults.

Traditionally, you have the large banks that will likely have the strictest lending policies, requiring the highest credit scores and good credit history in order for a borrower to get approval for loans at the lowest interest rate.

In turn, it requires higher credit scores and lower debt - to - income ratios.

They are requiring higher credit scores, larger down payments, lower debt ratios, and sometimes the cash - reserve equivalent of six months of mortgage payments.

The lender may require a higher credit score or a larger down payment.

Conventional lenders, wary of foreclosure losses, are upping the ante by requiring higher credit scores and increasing fees for borrowers perceived to be high risk.

Requiring higher credit scores and enforcing more stringent underwriting criteria means approving fewer FHA loans for borrowers.

«There are lots of programs available to serve different needs, but, typically, if a loan requires a higher credit score, it's because the lender is taking a chance on you in some other way, such as allowing a lower down payment or a higher debt - to - income ratio,» Pataky said.

The majority of Canadian banks require a high credit score when approving mortgage applications.

Recently, the National Community Reinvestment Coalition asked HUD to investigate 22 lenders that impose stricter underwriting criteria than required by FHA to insure mortgages, claiming that requiring higher credit scores discriminates against minority mortgage applicants.

People who have failed to make debt payments will have a damaged credit score, and Canadian banks require a high credit score to qualify for a loan.

Lenders generally require a higher credit score for jumbo loans, over 700.

Granted the credit approval process may require a higher credit score, but it's certainly possible.

These loans require a down payment of just 3.5 percent of a home's purchase price, and don't require a high credit score.

Many conventional loans require high credit scores and 20 % down payments.

Credit First National Association doesn't require a high credit score to be qualified for the Firestone Complete Auto Care credit card.

British Airways Visa Signature Card requires a high credit score for approval and may be difficult to obtain.

It's because Quicksilver card requires a higher credit score, which also means lower approval odds, so it might not be available to everyone.

The Walmart MasterCard generally doesn't require a high credit score for approval, so it could be a good card to get if you want to build or improve your credit history, too.

Additionally, credit cards typically require a higher credit score than store cards to be approved, and depending on your credit score, you might not qualify for the Macy's American Express Card.

For instance, if you need to transfer a balance from one card to another and you're looking for a 0 % offer, the best deals require a higher credit score.

Lenders are also requiring higher credit scores and greater documentation of a borrowers» financial situation.

The data can easily be parsed to make a case that a bank has a history of discriminating against pigs, since they require higher credit score.

A conventional mortgage requires higher credit scores and more down payment.

This time around banks also are requiring higher credit scores and in the majority of the cases, borrowers must have at least 20 percent of equity in their home after receiving the credit line.

The lender may require a higher credit score or a larger down payment.

With more loans requiring higher credit scores today, it's never too early to start fixing credit challenges.

Not exact matches

Unlike personal cards, which are pretty much open to anyone with a high enough credit score, business credit cards require you to own a business to apply.