|
When we approve home buyers for the loan amount and style they are interested in, we look at two things: their ability to repay the loan and their willingness to repay the loan.
Your willingness to repay is determined by looking at how the property will be used. We ask questions like will you be living there or renting it out. We will also look at how you have fulfilled other financial commitments.
When we are determining your ability to repay, we look at your current income, your job, and other mitigating factors.
More Anchorage Mortgage.com Choosing a Mortgage Information:
|