Sentences with phrase «than a traditional mortgage program»

That program is aimed at certain members of the community including teachers and firefighters; and which may offer more flexible underwriting standards than a traditional mortgage program.

Not exact matches

A homebuyer may obtain a conventional mortgage with the less - than - traditional 20 percent through PMI or government programs that exist to help low income buyers or those in dire financial situations.

Typically we see these programs run with at least a 2 % higher interest rate than traditional mortgage loans.

This is the most expedient way to complete your mortgage refinance documentation, and is the reason why online mortgage refinancing goes much more smoothly than traditional refinancing, including those who are going for a no - fee refinancing program.

The best housing loan available, benefits of the program include no money down, private mortgage not required, interest rates lower than traditional loans, no established credit minimum, and refinancing options.

The program comes with more flexibility than a traditional mortgage.

With allowances for mortgage lates with the past year or a housing / credit event greater than 24 months, combined with a debt to income ratio of 60 %, qualified borrowers may be able to access financing not available through traditional programs.