Sentences with phrase «under tighter credit»

Not exact matches

Getting an FHA refinance mortgage may be easier than qualifying for a conventional mortgage refinance under current tight credit requirements.

It's unlikely they will be able to get credit cards, auto loans or mortgages under the tighter lending standards banks now use.

In other words, under a narrow QM definition, lenders would further restrict home mortgage credit in what is already a tight lending environment because they would be fearful of the severe penalties that would be imposed if they failed to satisfy the ability - to - repay requirement under the more uncertain standards that would apply in the non-QM market.