Terry Thomas
(503) 803-2310



Each Office is Independently
Owned and Operated


Listings
Featured Homes
MLS Search
Lots & Land
New Construction
Closed Listings
Buyers & Sellers
Market Analysis
Dream Home Finder
Buyer/Seller Info
Buyer's Advisory
Win $1000
Local Area
Community Info
City Overview
Schools
Relocation
Weather Report
Tools & Links
Real Estate News
Newsletter
Mortgage Rates
Mortgage Calculator
Guest Book
About
Contact Terry
Testimonials
Corporate Website
Home
Home
 


Equal Housing Opportunity


MLS membership


REALTOR® certification


Yahoo® Real Estate Classifieds

 

Buyer/Seller Info



  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 ]