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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 What is a Tenant Loan? Why Choose a Home Owner Loan? Subprime Lenders: Find Financing With A Bad Credit History Remortgage Debt Consolidation - The New Recourse For Credit Crunch Consolidate All Your Debt Into One Monthly Payment Bad Credit Home Mortgage Refinance - Pro's and Con's of Refinancing Home Mortgage What is a Home Owner Loan? Getting a Debt Consolidation Loan with Bad Credit What is the Difference Between Unsecured and Secured Debt? Do You Need A Company To Consolidate Your Debt?
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