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Assessing Your ‘Debt-to-Income Ratio’ and Why This Number Matters When Getting a Mortgage

August 23, 2022 by Robby Oakes

For those who are looking to buy a home soon, keep in mind that the Debt-to-Income ratio of the borrower plays a huge role in the approval of your mortgage application. A low DTI may make it easier for the lender and the underwriter to justify making a loan to the borrower.

Filed Under: Mortagage Tips Tagged With: Debt To Income Ratio, Mortgage Approval, Mortgage Loan Information

Assessing Your ‘Debt-to-Income Ratio’ and Why This Number Matters When Getting a Mortgage

July 22, 2015 by Robby Oakes

For those who are looking to buy a home soon, keep in mind that the Debt-to-Income ratio of the borrower plays a huge role in the approval of your mortgage application. A low DTI may make it easier for the lender and the underwriter to justify making a loan to the borrower.

Filed Under: Mortagage Tips Tagged With: Debt To Income Ratio, Mortgage Approval, Mortgage Loan Information

Buying a Home? 4 Steps You Can Take to Ensure You Start out with a Low Monthly Mortgage Payment

October 28, 2014 by Robby Oakes

Are you thinking about buying a new house or condo? If so, you’ve likely given some thought to your mortgage and as to how you can pay as little as possible in order to own your new home.

Filed Under: Home Mortgage Tips Tagged With: Mortgage Financing, Mortgage Loan Information, Mortgages

Did You Know: Five Factors That Lenders Won’t Even Consider When Assessing You For a Mortgage

October 23, 2014 by Robby Oakes

In today’s blog post we’ll look at five factors that a lender or mortgage underwriter won’t consider when assessing your suitability for a mortgage loan.

Filed Under: Home Mortgage Tips Tagged With: Home Mortgages, Mortgage Acceptance, Mortgage Loan Information

First-time Home Buyer? Don’t Miss These Tips to Ensure Your Mortgage Application is Approved

October 21, 2014 by Robby Oakes

If you’re going to be taking out a mortgage to help pay for the up-front costs of your home, you’ll want to get a head start on the approval process. With that in mind, here are four handy tips to ensure that your mortgage application is approved on your first try.

Filed Under: Home Mortgage Tips Tagged With: Mortgage Acceptance, Mortgage Financing, Mortgage Loan Information

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