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The Department of Justice’s Next Target: Buyer Agents
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Blogs

How Debt to Income Ratio is Calculated

Disclosures in Real Estate

Tuesday, June 25

Selling and buying a house are major life events that need to be treated with the utmost care. It takes between 30 and 50 days for a sale to close, and lenders grant their approval within 30 days, or even more for first-time homebuyers and short sales. According to Fannie Mae, overall, today it t...

How The Debt to Income Ratio is Calculated

Wednesday, June 01

Debt to Income Ratio (DTI)The “Debt to Income Ratio” is a large part of home loan approval. While it’s not a perfect picture of how every single would be homeowner should be determined worthy of eligibility, and there are factors which can cause the debt to income ratio to be tweaked slightly, th...