Sentences with phrase «stricter qualification criteria»

Anything above this amount would be considered a «jumbo» mortgage and might come with a higher down - payment requirement and stricter qualification criteria.

Once you understand the flow of money within the mortgage world, and how your personal home loan is only one small piece of a much bigger picture, the strict qualification criteria and documentation requirements make more sense.

Not exact matches

But now the Department for Education has set out strict new criteria so that what it says are only valued vocational qualifications are recognised in the tables.

Lenders today are stricter with their qualification criteria.

It was also announced that the Canadian Mortgage and Housing Corporation would now be stricter regarding the mortgagee qualification criteria.

As a result of this government backing, the qualification criteria for borrowers are generally less strict than with a «regular» conventional home loan.