Robert J. Russell, IRES, REALTOR®, Insurance Broker
Robert J. Russell, IRES, REALTOR®, Insurance Broker
972.679.9029

Residential
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International Real Estate

Real Estate & Insurance
International Real Estate Specialist
IRES, ICREA, NAR, CSS, LUTC
Buyer & Seller Information

  Capacity

Lenders will want to know if you can repay the mortgage debt you incur -- this is known as your capacity. Lenders will base their evaluation on employment information, how long you've worked, and how much you are paid. Lenders will also review your expenses and any other debt obligations you have. This means they'll want to know how many dependents you have and whether you pay any alimony or child support, for example.

 

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