Tag Archives: Debt to income ratio

  • FHA Debt to Income Ratio Solutions That Can Help You Buy a Home

    When it comes to qualifying for a home loan, there are a lot of guidelines and a ton of math. One such mortgage calculation includes dividing the amount of monthly debt payments by the gross monthly income. However, not all home loans treat this area equally. Plus, many lenders even treat the same loan program [...] More  →
  • Understanding Debt to Income Ratio

    Qualifying for a mortgage involves several calculations. One of the most important numbers in the mortgage process is a borrower's debt to income ratio (DTI). What Does Debt to Income Ratio Mean? Debt to income ratio is a borrower's monthly debt payments divided by their gross monthly income. A very common question is, "What is [...] More  →