Prime Marketing Group, LLC
Prime Marketing Group, LLC
(800) 844-9639 ext. 7882
Broker: Ike Duren
BK302577
Auctioneer: Fritz Fedele
AU2871.AB2650.BK302577
Florida Auctioneer Academy @
F-A-A.com
Fritz@F-A-A.com

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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.

 

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