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Updated over 4 years ago,
Debt to Income Ratio
Aloha Everyone! Been learning about REI for little over year & half now 😆. Constantly, listening & Reading anything I can. First time ever posting on the forums ( ✋I'm new ). My question is - Should I get pre-approved? Or Wait until my Debt is paid off?
Here's where I am financially:
Monthly NET Income = $4,500
Monthly Debt Payment = $415.00
Amount on Loan = $17,000
Savings = $36,000