House mortgage representation

The main factors that help determining the perfect mortgage borrower

on February 4 | in All, Economy, Opinion | by | with No Comments

In an economy where assessing risks is usually a very complicated task no matter what we’re looking into, we thought about sharing with our readers a very informative flyer containing the most influential factors that help determining the perfect mortgage borrower.

From the lender perspective (usually a financial institution such as a bank or a credit union), all these factors are critical in their must-needed analysis of the borrower and they should never be taken lightly.

Here are the factors that we’ll be reviewing below:

  • – Credit Score rating
  • – Job stability
  • – Debt-To-Income ratio
  • – Credit card capacity
  • – Property’s down payment
  • – Mindset aspect


Via: NYC Bankruptcy Lawyer

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