The lender considers your debt-to-income ratio, which is a comparison of your gross (pre-tax) income to housing and non-housing expenses. Non-housing expenses include such long-term debts as car or student loan payments, alimony, or child support. The lender also considers cash available for down payment and closing costs, credit history, etc. when determining your maximum loan amount.
We like to think of ourselves as matchmakers. We know how and where to find a buyer or tenant for a property, which in its exact location, is a perfect fit. We know-how to do this because we believe that ‘Local know-how’ makes the difference. By knowing our local areas, intimately, we get ‘better results’ for our clients.