PHILLIP JOHNSON
PHILLIP JOHNSON
(919)868-3171 Mobile
(800)704-7445
phillipjohnson@remax.net

Always "In Touch"
Raleigh NC Real Estate Services


THE PHILLIP JOHNSON TEAM
1-800-704-7445 - Listing Details Dial Ext. 7

Raleigh Real estate buyer and seller

  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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