|
|
|
| |
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.
| |
[ Back To Real Estate Glossary ]
|
Contact me by email at llang6@bellsouth.net or
phone at 561-385-0518 for Lake Worth Homes, Boynton Beach Homes, West Palm Beach Homes, South Florida Homes and South Florida Rentals Website design and hosting by iHOUSE ®
|
|