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Means the buyer satisfies the particular criteria the lender is using for that rate, such as a credit score of 740 or above. stuffeh. • 3y ago. Use RMLO's to qualify your Buyer
What Is Considered A Well Qualified Buyer? Understanding what it means to be a well-qualified buyer is essential for anyone Simply put, a well-qualified buyer is a person who meets a lender's expectations for specific offers. Typically, lenders consider the following categories when
Typically, these phrases refer to a customer with a Tier 1 credit score, which usually means a score of 720+. Tier 1 credit applicants are the My goal is to identify financially well-qualified buyers that I believe offer higher sale prices
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While exact criteria can vary, a credit score of 720 or above is generally considered excellent. This demonstrates to lenders that you have Inside a car dealership, you have the finance manager. Their first job is to secure the deal for the car salesman. Then they sell you What Does Well Qualified Buyer Mean? - CountyOffice.org
Who Are "Well-Qualified Buyers and Lessees?" In simple terms, a well-qualified buyer is someone who meets certain credit and financial criteria set by lenders like GM Financial. These buyers are seen as