Liabilities
Credit and Current Monthly Debt Obligations are encompassed in Liabilities. I have covered Credit and Credit Score in other blogs (Read More). For our purposes, we are going […]
Month: June 2016
Income
When we look at a Borrower’s Income, we are generally looking for income that is stable and verifiable for the next 3 years. Income represents the borrower’s ability […]
Assets
When we Talk about Assets in the mortgage lending process, we are generally speaking about Liquid assets and funds for closing: Types of assets we can use: Checking […]
Property
Here is a simplified breakdown of what we look for when we look at Property: Clear Title((ALTA endorsement 9) Appraised Value LTV(loan to value) is based on the […]
Posts
Win 4 Free Tickets to Six Flags! Register to win 4 free tickets to Six Flags along with 4 Flash Passes. Drawing to be on Wednesday May 15. […]
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Hi Dan, Are you a homeowner in the State of Georgia? Do you know the status of your property tax exemptions? You may be entitled to more property tax […]
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