Loan Qualifying

Do you qualify for a mortgage loan?

Your ability to qualify for a mortgage loan will depend on the “Four Cs” of Credit:

Capacity to repay the debt depends on your earnings and employment history, expenses, number of dependents, and other obligations you have.

Credit history of how much you owe, how often you borrow, if you pay your bills on time, and if you’re living within your means.

Capital, or the amount of cash you have for a down payment and settlement costs, as well as cash reserves to deal with repair or replacement expenses that may arise after you’re in the home.

Collateral the home must have enough value to support the loan.

Call our Loan Officer at 816-822-7703 Ext. Option 5 or email