Mortgage qualifying is a delicate balance of an applicant’s credit, income and assets. So when it comes to getting approved, VA-eligible borrowers may currently have a slight edge. New data from ...

The SBA has recorded significant trends in loan approval across states in the U.S. over the past five years. In data from 2018 to 2022, Georgia ranks first on the list with the highest average 7(a ...

The average credit score is 715, according to Experian data. A score in this range is considered good, and loan approval is likely for people with credit scores above 680. On the other hand ...

the probability a loan will default and a so-called "confidence score" that the underwriting is compliant with bank regulations and the models can trace the results back to the underlying data.

CNN only analyzed loan applications that were ultimately approved or denied by lenders, not those that were withdrawn by borrowers before a decision was made. In 2022, according to the data ...

The majority of those applications – nearly 16.5 million – were fully approved and passed along to loan servicers for discharge, according to the latest White House data. Two of the largest ...

Conditional loan approval is just that—conditional—and subject to a host of requirements ranging from further verification of borrower income, valuation criteria and property conditions.

The data, which Australian Finance Group made available to mortgage brokers last week, shows ANZ is on average taking 4½ days to provide conditional approval, and more than 17 days for ...

But recent data from the U.S. Census Bureau has Arizona at the bottom nationally regarding small businesses getting approved for loans. For every 744 small business loan applications in Arizona ...