Sentences with phrase «with blemished credit histories»

Fannie's internal guidance says the company «especially» recommends them for «borrowers with blemished credit histories» and first - time homeowners.

Banks have become somewhat more willing in recent months to lend to borrowers with blemished credit histories.

Among job applicants with blemished credit histories, 1 in 7 has been advised that they were not being hired because of their credit.

Borrowers with good credit history can find better rates - FHA loans are typically for borrowers with a blemished credit history or who find it difficult to come up with the 10 to 20 % down payment.

Not exact matches

An alternative (read subprime) mortgage lender based in Toronto, Home Capital targets the self - employed, new immigrants and borrowers with minor blemishes on their credit histories who find themselves unwelcome at most banks.

They're also the preferred option for people with poor credit or other blemishes in their financial history.

Cards aimed at consumers with little to no credit history or a blemished credit history, meanwhile, made up just 2 percent of all offers mailed in May.

This doesn't simply mean a good credit score, either; you'll likely need at least a year (preferably two or three) of positive payment history, with no major blemishes in sight.

Also, people with major blemishes on their credit history coupled with a poor driving record might not be offered insurance.

Over time, blemishes on your credit record, CLUE report, and driving history will be removed from the record, lowering your perceived risk with insurance companies.