 Frequently Asked Questions (FAQs)
What other factors
will affect me when qualifying for a loan?
Many.
Banks are evaluating how much of a risk they
are taking by lending you their money. They
will want to verify your income, evaluate
your debt to income ratio (DTI), and
determine the current loan to value ratio (CLTV).
In addition, they will want the property
appraised and the title verified (title
insurance). |
