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A borrower must assess his income, credit history, down payment, employment and residence history to determine how much capital is available from a mortgage loan, states U.S. Bank. Several online tools available through ... More »

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To get prequalified for a mortgage, you must meet with potential lenders to discuss your finances, job history and the property you are interested in purchasing. A lender or mortgage broker reviews the information you pr... More »

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As of 2015, the Kinecta Federal Credit Union website doesn't allow users to submit mortgage applications online; however, it does provide the option to submit a pre-approval form. The pre-approval process involves an ass... More »

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A potential homeowner gets approved for a home loan by having a good credit score, saving the money for a down payment on the home, maintaining steady employment and keeping down personal debt. It is also important to ha... More »

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If a borrower defaults on his car loan, most state laws allow the lender to repossess the car without any warning, says Nolo. Borrowers with a poor credit history are generally considered flight risks by both banks and m... More »

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The maximum FHA loan amount for 2015 varies according to the type of housing structure and the borrower's state and county of residence, according to FHA.com. A list of lending limits by state and county is available at ... More »

www.reference.com Business & Finance Credit & Lending

A credit history provides a record of a consumer’s borrowing habits, such as the number of existing loans, so lenders and insurers can decide whether to approve the person for a new loan or credit line, according to Cons... More »

www.reference.com Business & Finance Credit & Lending