Three Factors Affecting Home Loan Approval Amount

There are many factors that have to be taken care of before beginning the home loan application process. This includes finding the perfect home, submitting an offer, passing inspection, etc., etc. Once you have completed all of these steps, it is time to begin the home loan approval process. The amount you are approved for depends on multiple factors, namely the amount of debt you have, the size of down payment that you are able to put down, and your income and employment stability. Read the full article here:  http://www.teacherfinance.org/2013/03/three-factors-affecting-home-loan-approval-amount.html