[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-1-en-105":3,"doc-seo-279510-105":53,"doc-detail-279510-en":126},{"code":4,"msg":5,"data":6},0,"success",[7,14,19,24,29,34,39,44,49],{"id":8,"doc_module":9,"doc_module_name":10,"category_name":11,"show_sort_weight":12,"slug":13},11,1,"Template","Presentations",90,"presentations",{"id":15,"doc_module":9,"doc_module_name":10,"category_name":16,"show_sort_weight":17,"slug":18},12,"Resumes",80,"resumes",{"id":20,"doc_module":9,"doc_module_name":10,"category_name":21,"show_sort_weight":22,"slug":23},14,"Invoices",70,"invoices",{"id":25,"doc_module":9,"doc_module_name":10,"category_name":26,"show_sort_weight":27,"slug":28},15,"Posters",60,"posters",{"id":30,"doc_module":9,"doc_module_name":10,"category_name":31,"show_sort_weight":32,"slug":33},16,"Social Media",50,"social-media",{"id":35,"doc_module":9,"doc_module_name":10,"category_name":36,"show_sort_weight":37,"slug":38},17,"Forms",40,"forms",{"id":40,"doc_module":9,"doc_module_name":10,"category_name":41,"show_sort_weight":42,"slug":43},18,"Letters",30,"letters",{"id":45,"doc_module":9,"doc_module_name":10,"category_name":46,"show_sort_weight":47,"slug":48},21,"Paper Templates",5,"papers-templates",{"id":50,"doc_module":9,"doc_module_name":10,"category_name":51,"show_sort_weight":4,"slug":52},158,"General","general-158",{"code":4,"msg":54,"data":55},"ok",{"site_id":56,"language":57,"slug":58,"title":59,"keywords":60,"description":61,"schema_data":62,"social_meta":119,"head_meta":121,"extra_data":123,"updated_unix":125},105,"en","qualifying-for-a-mortgage-capacity-credit-and-capital-lender-presentation","Qualifying for a Mortgage - Capacity, Credit and Capital - Lender Presentation","","Mortgage qualification framework outlining the bank’s evaluation of the “Four C’s,” with emphasis on Capacity (stable, likely-to-continue income for the next two years), Credit (debt management, open active trade lines, underwriting use of credit inquiry timing and median bureau scores, and typical FICO ranges), and Capital (verified recent savings history and acceptable vs. unacceptable sources). Includes practical income/expense and FICO/debt examples for applicants.",{"@graph":63,"@context":118},[64,80,101],{"@type":65,"itemListElement":66},"BreadcrumbList",[67,71,74,77],{"item":68,"name":69,"@type":70,"position":9},"https://docshare.wps.com","Home","ListItem",{"item":72,"name":10,"@type":70,"position":73},"https://docshare.wps.com/template/",2,{"item":75,"name":11,"@type":70,"position":76},"https://docshare.wps.com/template/presentations/",3,{"item":78,"name":59,"@type":70,"position":79},"https://docshare.wps.com/template/qualifying-for-a-mortgage-capacity-credit-and-capital-lender-presentation/279510/",4,{"url":78,"name":59,"@type":81,"image":82,"author":87,"headline":59,"publisher":90,"fileFormat":93,"inLanguage":57,"description":61,"dateModified":94,"datePublished":95,"encodingFormat":93,"isAccessibleForFree":96,"interactionStatistic":97},"DigitalDocument",{"url":83,"@type":84,"width":85,"height":86},"https://docshare.wps.com/thumbnails/qualifying-for-a-mortgage-capacity-credit-and-capital-lender-presentation/279510.png","ImageObject",442,249,{"name":88,"@type":89},"Terk","Person",{"url":68,"name":91,"@type":92},"DocShare","Organization","application/pdf","2026-11-04","2026-09-16",true,{"@type":98,"interactionType":99,"userInteractionCount":15},"InteractionCounter",{"@type":100},"ViewAction",{"@type":102,"mainEntity":103},"FAQPage",[104,110,114],{"name":105,"@type":106,"acceptedAnswer":107},"What does the bank mean by Capacity in mortgage underwriting?","Question",{"text":108,"@type":109},"Capacity focuses on income stability and the likelihood it will continue for the next two years, typically requiring a documented employment history and no gaps or exemptions.","Answer",{"name":111,"@type":106,"acceptedAnswer":112},"How are Credit and debt evaluated in this presentation?",{"text":113,"@type":109},"Credit is assessed through payment history, recent inquiries timing, the presence of multiple open active credit lines, and FICO scoring ranges; banks may use the median score across bureaus.",{"name":115,"@type":106,"acceptedAnswer":116},"What qualifies as Capital for a mortgage, and what sources are unacceptable?",{"text":117,"@type":109},"Capital is primarily verified savings based on the most recent two months. Acceptable sources include savings/checking, CDs, stocks, and retirement accounts, while mystery cash, unverifiable funds, and borrowed money are unacceptable.","https://schema.org",{"og:url":78,"og:type":120,"og:title":59,"og:site_name":91,"og:description":61},"article",{"robots":122,"canonical":78},"index,follow",{"doc_id":124,"site_id":56},279510,1791725683,{"code":4,"msg":5,"data":127},{"doc_id":124,"user_id":128,"nickname":88,"user_avatar":129,"doc_module":9,"category_id":8,"category_name":11,"doc_title":59,"doc_description":61,"doc_content":130,"file_id":131,"file_url":132,"file_type":133,"file_size":134,"view_count":15,"is_deleted":4,"is_public":9,"is_downloadable":9,"audit_status":9,"page_count":135,"language":136,"language_code":57,"site_id":56,"html_lang":57,"table_of_contents":137,"faqs":138,"seo_title":139,"seo_description":61,"update_tm":140,"read_time":141},1099525198933,"https://ap-avatar.wpscdn.com/davatar_155a257f0dc6eb9ab79c44ca47cae57d","Qualifying for a Mortgage  \nFrank Espaillat  \nVice President – Mortgage Advisor NMLS ID: 609815  \nSilicon Valley Bank 978.409.0000 [Fespaillat@svb.com](Fespaillat@svb.com)  \n[MVHP.org](MVHP.org) April, 2023  \nCapacity Credit  \nCapital  \nCollateral  \nThe Four C’s  \nWhat does the Bank look for?  \nCapacity  \nCAPACITY = INCOME  \n• Must be stable and likely to continue for next 2 years  \n• 2 year employment history  \n• No Gaps/exemptions  \nSOURCES OF UNDERWRITING INCOME  \n• Gross monthly income  \n• Full-time occupation, part-time, seasonal employment, trust income, self-employment, social security, alimony/child support, projected rental income.  \nSSVofuidnlitcial  \nCAPACITY  \nIncome Exercise  \nBASE INCOME  \nJohn ( Supervisor Home Depot ) 3 years Jennifer (Teacher aid in Tewksbury) 4 years Daughter – 6 year old  \nJohnny Jenny  \n2021 = $28,000 2021 = $31,900  \n2022 = $31,000 2022 = $40,000  \n2023 = $35,000 2023 = $45,000  \n2023 projected income for Johnny and Jennifer: $80,000 TOTAL GROSS MONTHLY INCOME = $6,666.00  \nCredit  \nCREDIT AND DEBT  \nHAVE YOU BEEN MANAGING YOUR DEBT?  \nOTHER MONTHLY OBLIGATIONS  \n• Credit report: clean payment history, inquiries (90 days)  \n• 3 lines of open and active lines of credit  \n• Non Traditional Credit:  \n• Rental, utilities, cell phone, car/life insurance payments, etc.  \n• FICO Scores: 640-660 (single/condo) > 660 multi-family  \n• Banks use the median score of all 3 credit beurres.  \nSSVofuidnlitcial  \nCREDIT  \nDebt Exercise  \nFICO SCORES  \nJohn Jennifer  \nTransunion: 740 Transunion: 710  \nEquifax: 690 Equifax: 740  \nExperian: 710 Experian: 720  \nMONTHLY PAYMENTS:  \nStudent loan: $250  \nCredit card (Visa): $35  \nDepartment store card (Macy’s):  + $50  \nTotal monthly debt: $335  \nCapital  \nCAPITAL = SAVINGS  \nSAVINGS – Importance of verifying most recent 2 months history  \nACCEPTABLE  \n• Savings/Checking  \n• CD’s  \n• Stocks  \n• 401 (k)  \n• Gifts  \nUNACCEPTABLE  \n• Mystery cash  \n• Unverifiable funds  \n• Borrowed money  \nFinancial assistance: City, Agencies, MassDREAMS, Mass Housing, Closing cost credits from Banks, Lenders or Seller Concessions.  \nSSVofuidnlitcial","cbCaiql4EvmCsqU4","https://ap.wps.com/l/cbCaiql4EvmCsqU4","pdf",696241,27,"English","# Qualifying for a Mortgage\n## The Four C’s\n## Capacity\n### Income exercise and base income\n## Credit\n### Credit and debt essentials\n### FICO scores and monthly payments\n## Capital\n### Savings sources and verification","[{\"question\":\"What does the bank mean by Capacity in mortgage underwriting?\",\"answer\":\"Capacity focuses on income stability and the likelihood it will continue for the next two years, typically requiring a documented employment history and no gaps or exemptions.\"},{\"question\":\"How are Credit and debt evaluated in this presentation?\",\"answer\":\"Credit is assessed through payment history, recent inquiries timing, the presence of multiple open active credit lines, and FICO scoring ranges; banks may use the median score across bureaus.\"},{\"question\":\"What qualifies as Capital for a mortgage, and what sources are unacceptable?\",\"answer\":\"Capital is primarily verified savings based on the most recent two months. Acceptable sources include savings/checking, CDs, stocks, and retirement accounts, while mystery cash, unverifiable funds, and borrowed money are unacceptable.\"}]","Qualifying for a Mortgage - Capacity, Credit and Capital - Lender Presentation | PDF",1789522015,9]