what does subject to credit approval mean

Definition of subject to: Being dependent or conditional upon something, as in subject to shareholder approval.. short sales allow the owner of the home to sell the home below the market price and are subject to approval by the holder of the loan on the. Read more. Ravinder Kapur.

The phrase "subject to approval" means that something must first be examined and approved, or given the go ahead, by an authority figure before it can be done.

private rent to own Rent To Own Homes | Rent To Own Home Listings – Rent to own, rent to own homes or lease to own – it doesn’t matter how you say it, the same principle applies in all instances. House hunters today want the best of both worlds, feeling out homes in specific neighborhoods without committing 100 percent to buying them.

20. being dependent or conditional upon something (usually followed by to ): His consent is subject to your approval. 21. being under the necessity of undergoing something (usually followed by to ): All beings are subject to death.

If you applied for a credit card – perhaps one that promised ‘instant approval ‘ or ’60 second approval’ – and received a ‘conditional approval’, what does "subject to status" actually mean in all that. – What does "subject to status" actually mean in all that finance/legal jargon?.

what exactly does an automated approval mean as far as getting an actual loan? find answers to this and many other questions on Trulia Voices, a community for you to find and share local information. Get answers, and share your insights and experience.

What does Bond approval in principle mean? The bond approval process can commence once all the credit and FICA requirements are met. The bank will initially provide Approval in Principle. This means that the bond value has been approved but is still subject to the bank finding value in the property and the loan amount requested.

6 Important things you may not know Formal pre approvals can affect your credit score While it is beneficial to have a pre approval before you make an offer on a property, you need to be wary about how many pre approvals you apply for.

does it pay to refinance how much equity needed to refinance If You Refinance a Mortgage, When Will You Break Even? – At NerdWallet, we adhere to strict. to reset your home loan – such as a cash-out refinance to tap your home equity or a refinance to eliminate mortgage insurance premiums. You’ll just need to.Refinancing a mortgage means paying off an existing loan and replacing it with a new one. Some of these motivations have both benefits and pitfalls. And because refinancing can cost between 3% and.fha mortgages down payment The minimum credit score of 580 with a down payment of at least 3.5%, or a minimum credit score of 500 with a down payment of at least 10%; The borrower may not have delinquent federal debt or judgments, or debt associated with past FHA loans. The borrower must have steady employment history

The last thing you want to see when applying for a credit card online is that your application needs further review. Usually if you are not approved you will receive a message that says something like "your application will undergo further review and you will be notified in 7-10 business days."