Search The MLS | Contact Steve | Home
Steve Kennedy
2312 Eastlake Avenue East
Seattle, WA 98102
(206) 726-6233 Office
(206) 501-5100 Direct
(206) 260-7159 efax
(206) 322-7576 Fax
Email: sold@stevekennedy.com
 
 
My Listings

Buyers & Sellers
  FREE Brochures
Buyer/Seller Info
  Market Analysis
  Dream Home Finder

Local Area

About

Tools & Links

Home
   
   
> Real Estate Glossary




  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.

 

[ Back To Real Estate Glossary ]

   
   

Each Office is Independently Owned and Operated.

Real Estate Websites by iHOUSEweb, Inc. ®

Site Admin Menu