What three major factors determine a person to get a mortgage loan?

1. Income

2. Credit Score %26amp; history

3. Debt to income

What three major factors determine a person to get a mortgage loan?

income

debt

credit worthiness/score

What three major factors determine a person to get a mortgage loan?

Credit, Income, and Job Stability, Age

What three major factors determine a person to get a mortgage loan?

credit score, available cash and a good realtor!!!

What three major factors determine a person to get a mortgage loan?

I would have to say:

1) Credit rating with FICO score

2) Debt-to-income ratio

3) Currently employed

What three major factors determine a person to get a mortgage loan?

income stability and security

credit rating

debt

What three major factors determine a person to get a mortgage loan?

Character, capability and credit.

What three major factors determine a person to get a mortgage loan?

Are you asking what the person should look for in a mortgague or the things that the person will be judged on by the mortgage company?

What three major factors determine a person to get a mortgage loan?

Debt to Income ratio

Credit score

% Down payment ability...if either of the first 2 were not conforming to standards for 100% loan (usually split 80/20 to avoid having to pay lenders insurance)

What three major factors determine a person to get a mortgage loan?

1. FICO score

This is most important, and pretty much covers everything. Use myfico.com. it's the most accurate and is accepted by 90% of all banks.

2. Payment history.

Good history, better chance.

3. Money.

Most banks will not accept you if the monthly payment is more than 28% of your paycheck.

What three major factors determine a person to get a mortgage loan?

Ability to repay.

Amount of downpayment.

Race.

What three major factors determine a person to get a mortgage loan?

probably these 3 :

1) current income stream (i.e. how much money do you make and for how long have you been working

2) credit history (are you good at paying bills and have a proven, long record of good credit)

3) size of assets held (do you own investments, how much savings do you have, how much real-estate etc.)

What three major factors determine a person to get a mortgage loan?

I'll try:

Income - 2yr job history. Debt to Income ratio.

Assets - Down Payment and Reserve Funds (if you lost income for 1-2 months, would you be able to pay your mortgage?)

Credit - score, number of and age of credit accounts

Property - Single family, stickbuilt is best. Manufactured, second home, investor are harder.

Sorry, couldn't do it in three.