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Capacity Lenders will want to know if you can repay the mortgage debt you incur -- this is known as your capacity. Lenders will base their evaluation on employment information, how long you've worked, and how much you are paid. Lenders will also review your expenses and any other debt obligations you have. This means they'll want to know how many dependents you have and whether you pay any alimony or child support, for example.
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Assist-2-Sell
AMERICA'S LEADING DISCOUNT REAL ESTATE COMPANY
* Fees vary for homes over $200,000. Call for details.
Any comparisons to a percentage commission, such as 6%, are for illustration and comparison
purposes only. Commissions are negotiable and not set by law. The information herein is
deemed to be accurate, but not guaranteed. All information to be verified. Real Estate Websites by iHOUSEweb, Inc. ®
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