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  • Your ability to make your mortgage payments on time. This depends on your income and income stability (job history and security), your assets and savings, and the amount of your income each month that is left over after you've paid for your housing costs, debts and other obligations.

    Federal Trade Commission - Cite This Source - This Definition
  • The ability to make mortgage payments on time, dependant on assets and the amount of income each month after paying housing costs, debts and other obligations.

    US Department of Housing and Urban Development - Cite This Source - This Definition

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