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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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Selling Salinas and Monterey County Real Estate
Salinas Realtor Noe Renteria. 831-449-5126
RE/MAX Real Estate Service 362 Main Street Salinas CA 93901, CA DRE License #01277574
Serving Salinas, Prunedale, Soledad, Seaside and Monterey County Real Estate Websites by iHOUSEweb, Inc. ®
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