Sentences with phrase «role as a mortgage lender»
As one of the three largest national banks, Bank of America's role as a mortgage lender has it providing practically every popular mortgage product available in the country.
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Your credit score plays a significant role when securing a mortgage as it helps lenders determine the likelihood that you'll repay future debts.
In the Canadian mortgage and housing market, the role of these brokers and lenders is basically the same as any other market.
Before applying for a mortgage, we recommend that you take the time to build your credit score as your credit score plays a major role in determining how much a lender will allow you to borrow, the interest rate that you'll be able to get on your mortgage, or decide whether you'll be approved for a mortgage at all.
Freddie and Arch's plans to announce the program may have been pre-empted by Freedom Mortgage, which was promoting its role as one of the 12 participating lenders last week.
Each lender has its own guidelines for gauging the creditworthiness of borrowers based on these general credit score ranges, but the type of mortgage used to finance a home purchase may play a role as well.