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The answer to home ownership: understand your borrowing energy

The answer to home ownership: understand your borrowing energy

Among the questions that are first want answered when purchasing a house, is exactly how much can I borrow through the bank? Your borrowing energy is determined in your capability to spend your loan back. Loan providers can look at your revenue, cost of living and any financial obligation you may have – along with your credit history and whether you’ve got any dependents. Continue reading