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What else can I help you with?
Can you get a loan for a house without a cosigner?
Plenty of homes are sold to individuals without a cosigner. Usually there are only 2 reasons a bank will ask for a co signer. One being, if their prospective client does not have sufficiant funds available to make the estimated mortgage payments and other monthly debt payments and stay under 50% debt to income ratio, two being credit issues.
Can you buy a home with a co-signer who has a higher ratio or assets?
Yes, you should have your loan officer check what your interest rate would be with a cosigner and without. If the cosigner has a lot of debt and not very high income it might be better not to put them on the loan.
How do lenders evaluate the likelihood that a borrower or cosigner will repay the loan?
Lenders evaluate the likelihood of repayment by looking at the borrower's credit history, income, employment stability, and debt-to-income ratio. They also consider the cosigner's financial situation and creditworthiness.
Your debt to income ratio is too high will having a co-signer improve this ratio for a mortgage?
It can as long as the cosigner doesn't have a lot of debt.The lender will add the income and debts of all parties on the loan application to calculate the total debt to income ratio.
How do lenders evaluate the likelihood that a borrower or cosigner will pay them back?
Lenders evaluate the likelihood of repayment by looking at the borrower's credit history, income, debt-to-income ratio, and overall financial stability. They also consider the cosigner's financial situation and creditworthiness if applicable.
Can you get a loan for a house without a cosigner?
Plenty of homes are sold to individuals without a cosigner. Usually there are only 2 reasons a bank will ask for a co signer. One being, if their prospective client does not have sufficiant funds available to make the estimated mortgage payments and other monthly debt payments and stay under 50% debt to income ratio, two being credit issues.
Does tire size affect gear ratio?
It does affect overall ratio. The transmission ratios, the axle ratio, and tire size all figure into overall ratio.
Can you buy a home with a co-signer who has a higher ratio or assets?
Yes, you should have your loan officer check what your interest rate would be with a cosigner and without. If the cosigner has a lot of debt and not very high income it might be better not to put them on the loan.
How do lenders evaluate the likelihood that a borrower or cosigner will repay the loan?
Lenders evaluate the likelihood of repayment by looking at the borrower's credit history, income, employment stability, and debt-to-income ratio. They also consider the cosigner's financial situation and creditworthiness.
Your debt to income ratio is too high will having a co-signer improve this ratio for a mortgage?
It can as long as the cosigner doesn't have a lot of debt.The lender will add the income and debts of all parties on the loan application to calculate the total debt to income ratio.
How do lenders evaluate the likelihood that a borrower or cosigner will pay them back?
Lenders evaluate the likelihood of repayment by looking at the borrower's credit history, income, debt-to-income ratio, and overall financial stability. They also consider the cosigner's financial situation and creditworthiness if applicable.
How does cosigning for an auto loan affect your ability to get your own auto loan?
Never cosign a loan. While I agree that one should NOT cosign. cosigning can hurt or help. Remember that if they do not pay you have to. Cosigning will affect your credit and count towards your debt to income ratio and show as an open joint auto loan. You might be turned down to get your own auto loan without a cosigner if you cosign.
Does cutoff ratio affect the engine efficiency?
yes
How does rear axle ratio affect gas mileage?
the lower your rear axle ratio, the worse your mileage.
How does Surface area to volume ratio affect the rate of transpiration?
Bigger the SA:V ratio , transpiration sucks.
How does the surface area to volume ratio affect osmosis?
The higher the ratio, the faster and more efficient osmosis occurs.
Inventory turnover ratio affect profit margin?
yes
