When trying to get a home loan, have you wondered what the loan agents will be looking for? Well, here's just a few of the things they will examine:

Capacity - Lenders will review your employment history to determine if you have the capacity to repay your debts. How long have you held your current job? How much do you make? What is your future earning potential?

* Credit - Lenders will review your credit history, consider how much debt you have, and how you manage your debt. How much do you owe? Do you pay your monthly bills on time? Are you consistently late in paying bills?

* Character - Lenders will look at how you pay your bills. They will also take into consideration any history of lawsuits or bankruptcies.

* Collateral - Lenders will evaluate the value of the property, a source of protection for the money they lend. The lenders want a guaranty that they will get back the money they lend. Is the property worth the risk? What are the chances that the property will decrease in value?

When deciding which home loan is the best for you, be sure and compare different loan plans. Rates, fees, terms, and conditions can vary from lender to lender. Only by comparing can you recognize the best deal.