Sentences with phrase «strict qualification guidelines»
Most real estate lawyers will know what mortgage lenders look for in the hardship letter (probably the most important document in your loan modification request) and how to fill out the forms to meet the lender's strict qualification guidelines.
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For example, strict mortgage - qualification guidelines continue to stem the flow of consumers to real estate while homebuilders have not kept pace with growing demand and household formation.
Therefore, as the LTV ratio of a loan increase, the qualification guidelines for certain mortgage programs become much more strict.
Therefore, as the LTV ratio of a loan increases, the qualification guidelines for certain mortgage programs become much more strict.