Real Estate Glossary

  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 ]

Most Firms Independently Owned and Operated


About Us | Englewood Real Estate | Port Charlotte | Search For Homes | Search For Vacant Land | MLS Search | Hotsheet | Slideshow Listings | Rental Properties | Commercial Listings | Our Open Houses | Our Sales Associates | New Homes Service | New Construction | Dream Home Finder | Exchange Rates | Buyer/Seller Info | Our Area | Find Us | Our Weather | Local Schools | Newsletter | GMAC Real Estate | Careers | Mortgages | Real Estate News | Contact Us | Home

Website design and hosting by iHOUSE ®

Site Admin Menu