Posted on: 21st Jul, 2009 08:52 am
Hi,
I want to apply for mortage loan. so le me know how ican apply for loan??
I have old home but his situation is not good so can get good mortage loan??
Which factors are depend for mortage loan??
Thanks
I want to apply for mortage loan. so le me know how ican apply for loan??
I have old home but his situation is not good so can get good mortage loan??
Which factors are depend for mortage loan??
Thanks
Major factors affecting mortgage rates include:
• Amount of down payment on mortgage
• Consideration of closing costs
• Income of mortgage borrower
• Life of mortgage loan
• Life of mortgage rate
• Total mortgage loan amount
• Whether or not the mortgage rate is adjustable
• Discount pts paid
• Credit quality and debt-to-income-ratio
• Amount of down payment on mortgage
• Consideration of closing costs
• Income of mortgage borrower
• Life of mortgage loan
• Life of mortgage rate
• Total mortgage loan amount
• Whether or not the mortgage rate is adjustable
• Discount pts paid
• Credit quality and debt-to-income-ratio
