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Qualifying For a Mortgage
December 12, 2000 Most potential borrowers are nervous about getting a mortgage loan because they share a widespread misperception: the misperception is that they have no bargaining power relative to lenders, and therefore must approach them ... more... Does 401K Debt Count? "I have outstanding loans against my 401K retirement plan. Since I owe it to myself, does it count as debt service that is included in the total expense ratio, limiting the mortgage for which I can qualify?" You do owe it to yourself. On the other hand, if you leave or ... more... |
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repay your debt related definitions |
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Credit Report
Credit Report A report documenting the credit history and current status of a borrower's credit standing, detailing a borrowers credit history including payment history on revolving accounts (eg. credit cards) and installment ... more... Equal Credit Oportunity Act Equal Credit Oportunity Act (ECOA) Is a federal law that requires lenders and other creditors to make credit equally available without discrimination based on race, color, religion, national origin, age, sex, marital status or receipt of income from public assistance programs. ... more... |
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More about repay your debt Guide to Flexible Mortgages How to Finance Your Dream Car? Need Instant Cash? Beware of Pay Day Loans! Refinance Benefits - Refinancing Could Save You Money Debt Consolidation Solutions for People with Good Credit Rating Credit Building Strategies Bad Credit Debt Consolidation Loans - Save Money and Reduce Debt What is a Debt Consolidation Loan? Avoid the Trap When You Consolidate Debt, Part III Bill Consolidation Loans - Lower High Interest Payments and Get Out of Debt
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