Shea Steel, PC
(503) 282-4000 Ext. 112



RE/MAX Hall of Fame
100% Club Member
Platinum Club Member
Top 1% Oregon RE/MAX agents in 2007
Top Producer RE/MAX Signature Properties 2003, 2008, 2009

My Listings
Search For Homes
Buyers & Sellers
Buyer/Seller Info
Market Analysis
Dream Home Finder
Local Area
Community Info/Links
City Overview
Local Phone Numbers
Weather Report
Newsletter
Schools
Relocation
About
About Me
Testimonials
Corporate Website
Tools & Links
Mortgage Calculator
Mortgage Rates
Real Estate News
Home
Home
 


CRS - Certified Residential Specialist


Equal Housing Opportunity


MLS membership


REALTOR® certification


Virtual Tours

 

Buyer/Seller Info



  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 ]