Sentences with phrase «than lender b»

So to lower its risk of having a higher ratio than Lender B, lender A has to respond by upping its minimum credit score.

Not exact matches

When using the BBB listings, do not go for a lender with a grade lower than a B. Each lender should have customer feedback, too.

If you have less than stellar credit, you'll have to work a «B lender» or private lender and, in turn, be subject to higher interest rates.

You could say something like, «Lender B's cost estimate is coming in much lower than yours, can you do any better?»

If you have a lower - than - ideal credit score and lenders start talking to you about alternative or non-conforming B / C paper loans, don't give up hope.

In other words, even if Lender A advertises 5 % — 30 % APR and Lender B offers 6 % — 36 % APR, Lender A won't necessarily end up offering you a better package than Lender B. Shopping around is crucial, and you'll have to do your due diligence to figure out how much you'll end up paying with each in the long term.

While B - lenders usually have fees and do charge higher interest rates than A-lenders, borrowers do not need to pay insurance premiums — even on some ratios that would be insured otherwise.

While some lenders might shy away from cash - outs on older B - and C - class properties with lower than market rents, Freddie Mac Multifamily does not.

Note: For those with greater than 20 % equity in their home, or more than 20 % down payment, the new stress test (b) may not apply to non-federally regulated lenders like credit unions, or private lenders.