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Qualifying For a Mortgage
December 12, 2000 Most potential borrowers are nervous about getting a mortgage loan because they share a widespread misperception: the misperception is that they have no bargaining power relative to lenders, and therefore must approach them ... more... Does 401K Debt Count? "I have outstanding loans against my 401K retirement plan. Since I owe it to myself, does it count as debt service that is included in the total expense ratio, limiting the mortgage for which I can qualify?" You do owe it to yourself. On the other hand, if you leave or ... more... |
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repay your debt related definitions |
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Credit Report
Credit Report A report documenting the credit history and current status of a borrower's credit standing, detailing a borrowers credit history including payment history on revolving accounts (eg. credit cards) and installment ... more... Equal Credit Oportunity Act Equal Credit Oportunity Act (ECOA) Is a federal law that requires lenders and other creditors to make credit equally available without discrimination based on race, color, religion, national origin, age, sex, marital status or receipt of income from public assistance programs. ... more... |
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More about repay your debt Consolidate Student Loan Debt: A Student Loan Debtor's Perfect Solution Poor Credit Home Equity Loan Tips - How to Find the Best Home Equity Loan Taking Control of Your Credit History Debt Counseling Solutions for Credit Repair 5 Things Your Credit Card Company Keeps Quiet About Can You Afford Your Dream House? Debt Consolidation Companies Why Pay When You Can Do-It-Yourself? The Big Pitfall Of Unsecured Loans Debt Settlement Should You Borrow From Your 401(k) Account?
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