Mortgage Approval

Assessing Your Debt to Income Ratio Why This Number Matters Assessing Your ‘Debt-to-Income Ratio’: Why This Number Matters
December 28, 2021
For those who are looking to buy a home soon, keep in mind that the Debt-to-Income ratio of the borrower plays a huge role in the approval of your mortgage application. A low DTI may make it easier for the lender and the underwriter to justify making a loan to the borrower.'
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