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How Do Mortgage Lenders Decide How Much You Can Borrow?

by lizlaurenb | Sep 3, 2020 | Home Mortgage Tips

When you visit your lender to get a mortgage for your home, they will tell you the maximum amount that you are allowed to borrow. But how do they reach this total and what factors do they take into consideration? How do they determine that one borrower can take on a...

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