Hey! Today, let’s talk about the 4 C’s of home loans, the factors that lenders consider before making a home loan.
The 4 C’s of loan and credit are: capacity, capital, credit and collateral.
Capacity is your present and future payment obligations, as well as your debt to income ratio. Capital is the value of your assets, including cash, savings, investments, property, and other things that you could sell for cash. Credit is how responsibly you have paid bills or debts in ...
Continue Reading →NOV
2020