The ‘bad bank’ which runs loans granted by Northern Rock and Bradford. had told the government it was planning to offer homeowners better mortgage deals – but had not done so. This left homeowners.
The Federal Housing Administration (FHA) Footnote 1 and the U.S. Department of Veterans affairs (va) footnote 2 offer government mortgage loans that have features (such as low down payment options and flexible credit and income guidelines) that may make them easier for first-time homebuyers to obtain.
Also Read – Bangladesh Bank offers huge waivers to loan defaulters Defaulting loans at specialized banks sanctioned for purposes other than agriculture will also be entitled to the facility, it added..
It just looks at credit scores and debt-to-income ratios, the way most mortgage lenders always have. Ideal for those who appreciate the full-service experience of a leading regional bank. Flagstar.