register | confirm account | forgot password
Photo and business card details widget
Amparo Foster
Agent Photo
TelephoneOffice Phone:
TelephoneMobile Phone:
Email MeEmail:
MLS® Search Button
Button advertising your MLS® Search page
Map-based MLS® Search
Mortgage Widget
Mortgage Widget Button allowing access to the Mortgage Calculator
Mortgage Calculator
Home Evaluation Button
Button advertising your home evaluation feature
Home Evaluation
Latest Blog Button
Button advertising your blog
Social Profiles
Link to your profiles on social networks.
Social Profiles
Add This
Widget that allows you add social media sharing links.
Add This - Widget
1 - 10 of 13

Tuesday, January 31, 2017 - 1. -Qualifying for a personal loan

    A personal loan is one of the easiest ways to borrow money. You don't need excellent credit, a 6-figure income or an asset such as a home or car to secure the financing. If fact, you can get a personal loan with not much more than a signature, although you will pay a higher interest rate for this variation. The 1st step to qualify for a personal loan is to make sure it's the right loan for your situation. says Stephanie Cutler, vice president of personal lines and loans at Wells Fargo in ... Full Article...

posted in English at Tue, 31 Jan 2017 21:41:31 +0000

Monday, January 23, 2017 - What are your Conditions?

  The final ?C? stands for conditions. It is the conditions that you bring to the table that determine your riskiness for the lender. These risks could include a variety of things include: The amount of money you are borrowing compared to the property?s valueThe history of the property values in the areaYour income historyYour employment historyYour credit history Overall, these 5 C?s make up your profile for a lender; they look at each of these factors closely to determine whether or not you ... Full Article...

posted in English at Mon, 23 Jan 2017 20:15:36 +0000

Friday, January 20, 2017 - What's your Capital?

    Your capital is your assets. This means the amount you can show the lender that you have on hand that is not tied up in your home or any other non-liquid investments. The more capital you have, the less risk you pose to the lender. Your capital can include checking and savings accounts as well as other investments that could be considered liquid, meaning that they could be converted into cash in a short amount of time. There is no specific number necessary for capital that makes you ...

posted in English at Fri, 20 Jan 2017 19:53:13 +0000

Wednesday, January 18, 2017 - What's your Collateral?

  You have to give up collateral in order to secure a loan. Of course, with a mortgage, any mortgage, the collateral is the home you purchase or own, if you are refinancing. You have to know the value of this collateral in order to qualify for a mortgage. Most programs require you to have at least 3 percent of your own equity in the property, but there are exceptions to the rule, such as is the case with VA and USDA loans.

posted in English at Wed, 18 Jan 2017 21:35:28 +0000

Tuesday, January 17, 2017 - Your Capacity for a Loan

    Your capacity to afford the loan plays a vital role in your ability to gain mortgage approval. Your capacity is determined by your income, assets, and employment history. Each of these factors helps to determine your ability to repay a loan. For example, if your employment history is sketchy, your capacity might be considered limited. What would hold you back from changing jobs again or losing your job because of your inconsistency? Lenders need to take these things into consideration when ... Full Article...

posted in English at Tue, 17 Jan 2017 23:59:59 +0000

Monday, January 16, 2017 - The Credit History

  The most obvious ?C? of the 5 C?s is your credit history. This is what makes up your score. Certain things like late payments and over extending your credit bring your credit score down, while timely payments and using only a small portion of your available credit can boost your score. You can think of your credit history as your report on how you handled your financial obligations. It offers future potential lenders the ability to see how you handled your outstanding credit including how ... Full Article...

posted in English at Mon, 16 Jan 2017 23:18:07 +0000

Thursday, January 12, 2017 - C of approval

Do you think of your credit strictly as a number? Do you think that lenders strictly look to see if you are above the specific threshold that they set and then approve you for the loan accordingly? The honest truth is that they look at so much more than your score. Yes, the score does play a role in your ability to get approved ? some lenders will not talk to borrowers beneath a specific threshold, but there is so much more involved in your credit that lenders look at. Here are the 5 C?s of ... Full Article...

posted in English at Thu, 12 Jan 2017 23:21:09 +0000

Tuesday, January 10, 2017 - 2. -Snowballing to debt-free

'It's almost like going on a diet'  Brown advises fellow student loan borrowers to tackle their debt by 1st addressing the smaller obligations through the snowball method. "Just having (the smallest debt) paid off, whatever it is, can be so motivating because now you have 1 less bill," It's similar to dieting. Once you start seeing the results of eating healthy, your taste buds change and you don't crave junk foods

posted in English at Tue, 10 Jan 2017 21:37:34 +0000

Friday, January 6, 2017 - Snowballing to debt-free

Snowballing to debt-free  Snowballing is the process of ranking your debt obligations from smallest to largest and paying the minimum on all except the one with the lowest balance. Once that's paid off, you apply the payments from the first debt to the second smallest debt, along with the second debt's minimum payment. The idea is to continue rolling the previous payment amounts from debts you've paid off into your larger debts until you're essentially debt-free.

posted in English at Fri, 06 Jan 2017 19:33:31 +0000

Thursday, January 5, 2017 - 6. -Buying a home while paying off student loans is hard

To consolidate -- or not  Michelle Velez, a mortgage sales manager in San Mateo, California, says millennials who consolidate multiple student loans into 1 payment might be in a better position to buy a home because 1 payment can make paying off debt simpler and a lower payment can make it easier to qualify for a mortgage. Consolidating might help if you have private student loans, depending on how your new loan compares with your old ones. "You really have to look under the hood of that new ... Full Article...

posted in English at Thu, 05 Jan 2017 20:15:00 +0000

1 - 10 of 13

DID YOU KNOW AS SELF EMPOYEED WITH GOOD CREDIT HISTORY we can state the income if you have had your business for 2 years or more ? write to

This site's content is the responsibility of Amparo Foster , licensed Broker in the Province of Alberta.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2020, All Rights Reserved | Privacy Policy | Mobile Site | REALTOR® Websites by RealPageMaker