My blogging passion about mortgage rate
Means For Loan Repayment Your ability to pay off a home loan is the most important consideration. A lender will look first at your current job and employment history. This will help the lender determine how secure you are financially. Factors such as length of employment at a particular place, or how long you have worked in one field are good indicators that you are financially stable and will have consistent income in the future. Also, a bank or lender may look at your net income and see how much debt you have incurred previously.