What are we reviewing when we Underwrite and Loan?  Being familiar with the following will be your key to homeownership.
1.  Credit
2.  Debt
3.  Income
4.  Collateral  

*******Eligibility refers to meeting the necessary criteria or requirements to qualify for a particular benefit, opportunity, or service. For example, when applying for a home loan or a credit card, there are specific eligibility criteria that individuals must meet to be considered for approval.  On the other hand, Affordability refers to the ability to afford or comfortably pay for something. It takes into account an individual's or household's financial resources, income, expenses, and overall financial situation.

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Gary Taylor | Co-Founder | Mortgage Broker
Affluent Mortgage LLC
D:302-469-0709
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www.affluentmtg.com