Debt-to-income ratio: What to know before applying for a home loan

Debt-to-income ratio: What to know before applying for a home loan

When you’re applying for a loan, one of the most important factors in determining your final mortgage amount is your debt-to-income ratio. Learn more about this percentage and why it’s so important. Your debt-to-income ratio is the percentage of your monthly gross income that is used to pay your monthly debts including housing. It’s important […]



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