"Approval standards" refers to a set of specific criteria or guidelines that need to be met for something to be considered acceptable or approved.
Full definition
Synonyms for individual words can be found below.
«approval»
«standards»
Sentences with «approval standards»
- An «investor overlay» is a mortgage approval standard enforced by a bank, but which is not listed in the program's official mortgage guidelines. (themortgagereports.com)
- Cash - out mortgages represent more risk to a bank than a rate - and - term refinance mortgage and, as such, carry more strict approval standards. (themortgagereports.com)
- An «investor overlay» is a mortgage approval standard enforced by a bank, but which is not listed in the program's official mortgage guidelines. (themortgagereports.com)
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