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How do lenders calculate home mortgages for prequalifiers? What is formula is used?

September 05th, 2009
BKWeb asked:


What is the formula used to determine the amount of the monthly payment a potential home buyer can afford?

Jamaal

Filed under: Other - Home & Garden | Tags: ,
September 05th, 2009 16:45:08

I am buying a house, the outside wall is single brick, why is the mortgage lenders giving me hassle?

March 07th, 2009
millsey asked:


I dont understand what the mortgage lenders issue is, the house has stood since 1950ish!! there is one wall that is single brick, i have had to get a quote to make the wall double brick! is it just me or are they being petty?

Houses For Sale

Filed under: Other - Home & Garden | Tags: ,
March 07th, 2009 14:32:06