Sentences with phrase «satisfactory payments»

Lenders generally prefer to see some type of satisfactory payment history.

You can also be advised on how you can maintain satisfactory payments.

But you'll typically need to show lenders at least a 12 - month history of satisfactory payments on that plan.

Many lenders agree to release a cosigner from the loan after a certain length of time has passed with satisfactory payments.

A good credit counselor can talk to you about income - to - debt ratio, maintaining satisfactory payments and challenging errors on your credit report.

Many lenders agree to release a cosigner from the loan after a certain length of time has passed with satisfactory payments.

Despite their relatively high risk from a traditional credit - scoring perspective, «those who maintain satisfactory payment status on alternative loans can in fact present acceptable risks on traditional credit products,» says Matt Komos, TransUnion's vice president - research and consulting.

A Recovery is considered full if, «the borrower's credit history is clear of late housing or installment debt payments, and major derogatory credit issues on revolving accounts; any open mortgage is current and shows twelve (12) months satisfactory payment history.

2 At the discretion of CIBC, provided satisfactory payment status.

The VA's underwriting guidelines state, «In circumstances not involving bankruptcy, satisfactory credit is generally considered to be reestablished after the veteran, or veteran and spouse, have made satisfactory payments for 12 months after the date of the last derogatory credit item.»

The FHA homeowner will also need to have a satisfactory payment history for the most recent 12 months, with no 30 - day late payments.

At the time of application, borrowers must demonstrate a satisfactory payment history: Applicants for streamline refinancing must have made at least six payments on the mortgage being refinanced.

The FHA recommends having a satisfactory payment history of at least one year before applying for a loan.

The FHA recommends creating a satisfactory payment history for at least one year before applying for any FHA loan program.

The FHA homeowner will also need to have a satisfactory payment history for the most recent 12 months, with no 30 - day late payments.

Demonstrate a satisfactory payment history on each loan requested for release immediately before applying.