What are 3 main areas underwriters look at in a mortgage loan?

1. CREDIT: This includes not only your credit score, but also your credit history.

2. CAPACITY: This would be things like Income and it’s likely continuance.  Assets and Liabilities, including debt ratio.

3. COLLATERAL: Not only the value, but the condition and marketability.

For more information, contact Rhonda Sherman at 970-250-8613 or e-mail at rhondabsherman@aol.com

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