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Tag: Debt To Income Ratio

Posted on 03/25/2021
Qualifying for a Mortgage When You Are Self-Employed
Photo by Free-Photos via Pixabay When you’re self-employed, it’s difficult to decide whether you are ready to buy a house. After all, your income might come in spurts instead of having a regular check every week or two. Being prepared for the mortgage process increases the chance that your application will be approved. Self-employed people have more hurdles...
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Posted on 02/11/2021
Understanding Debt to Income Ratios
Image by Mimzy from Pixabay As you start your journey to home ownership, one of the terms you may hear from your mortgage lender is debt to income ratio. Many people have never heard this term before, but it is an important aspect of obtaining a mortgage. Your mortgage lender wants to make sure you are not going...
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