Sentences with phrase «standards than conventional lenders»
It also has very lenient debt ratio standards than conventional lenders.
https://www.firsttimehomefinancing.com/ Not exact matches
For instance, the conventional 30 - year fixed rate of 4.10 % with 0.05 purchased points would otherwise be 4.15 % — 15 basis points higher than the standard rate at most US mortgage lenders today.
Second, lending standards for conventional loans are not tighter than for FHA financing, they are better for both borrowers and lenders.
FHA standards may be easier than conventional, however I don't know one lender who subscribes to FHA's minimum standards.