Respuesta :
Answer:
income, savings, expenses, debt
Step-by-step explanation: your welcome
The four factors that a lending Institution might use when determining your eligibility for a home loan are; Capacity, Capital, Collateral and Credit.
What are the conditions for a Loan?
When trying to apply for a loan, some of the factors that the lending institution accesses are;
- Credit; They will look at your credit score and report because it will give them insight into how you manage borrowed money.
- Capacity; They will want to know that you have the capacity to pay back what you borrow, and so they need to see that you have sufficient and consistent income.
- Collateral; They need to know the value of your collateral to know whether the loan is a secure one where they can seize your collateral if you can't pay up.
- Capital; In some instances, you may be required to deposit some money before accessing the remaining loan. This is usually done especially when buying a car on loan.
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