Welcome Guest. Register Now!  


Homeowner Tax Home owner tax issues and rebates.


Reply
 
LinkBack Thread Tools Search this Thread Display Modes
  #1 (permalink)  
Old 12-17-2018, 08:35 AM
Junior Member
 
Join Date: Dec 2018
Posts: 4
Factors affect Home Loan?

I am gonna apply for the home loan. What are the factors that ruin when getting a home loan?



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
  #2 (permalink)  
Old 12-18-2018, 04:53 AM
Moderator
 
Join Date: Oct 2010
Posts: 5,258
I guess basically you need to contact a loan/mortgage officer; however, in common sense,1. Your credit history and credit score affect what loan programs, interest rates and down payment amount may be required on your loan2. Your employment type and income history helps determine how much home you can afford. The preferred borrower works for a company and receives a regular salary or steady hourly pay3.asset stmt; Even if you are able to qualify for a zero down mortgage program, there are closing costs that must be paid when the loan closes. Some loan programs require the homebuyer to have reserves in the bank after all closing costs and the down payment have been paid..4.another thing that thing to know is that lenders can't deny you a loan based on your age. But age can factor into your mortgage equation. ... When applying for amortgage, lenders consider a borrower's creditworthiness, and this is where age may come into play.



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
  #3 (permalink)  
Old 12-28-2018, 06:49 AM
Junior Member
 
Join Date: Dec 2018
Posts: 4
Thanks for your valuable reply.



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
Ads
Reply



Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Repayment of home buyers loan Tribalspider64 Miscellaneous 1 02-24-2017 01:39 AM
taking out home equity loan‏ to pay down student loan lydiajones94 For 2014 1 10-16-2015 01:02 AM
Are loan fees from refinance of primary home deductible? Hiltie Rental Real-Estate 1 02-17-2011 04:47 AM
New Home Buyer Tax Credit- Spouse not on loan ketra Homeowner Tax 1 01-29-2009 02:38 AM
Home Equity Loan emc2005 Itemized Deductions 2 03-06-2008 10:34 AM

Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
 
Individual
 » Income
 » IRA/Sep
 » Medical
 
Corporations
 » Payroll
 
Forum for CPAs
 
Financial Planning
 
 
 

» Recent Tax Q&A
No Threads to Display.