Ready to buy your own dream house, well its impoortant to see how much you can lend.
Factors impacting your Morgage Approval
- Income of the Buyer- Income Plays an important part as this is a clear indicator for the lender to check if you can payback the loan amount.
- Down Payment-Lenders can not lend you 100% of the project cost. More downpayment you can put better chance of getting an approval with best intrest rat
- Assests Buyer Have- Buyer already having assets make lending company more secure and makes them easy to provide the mortgage.
- Credit Score of the Buyer-Credit...
