Ever get the itch to do a DIY project? Whenever we do, our favorites involve getting outdoors and mixing up our landscaping features.Whether it's as simple as installing some lighting or a little
What Debt To Income Ratio Do Lenders Want To See
Considering buying a home?? Unless you've won the lottery or are fortunate enough to pay cash you'll need to get a loan (mortgage) from a lender. Lenders look at your credit scores to start with then dive into your Debt to Income Ratio (DTI). This helps the lender make a risk assessment before moving on to the next step in the approval process.
Here is a great article from Experian, one of only 3 "true" credit reporting agencies that lenders use to verify credit scores. Those 3 companies are Experian, Equifax and TransUnion. At the time of writing this you can check your credit report once a year for free by visiting www.annualcreditreport.com, now that doesn't include your credit score but you can purchase it directly from the companies mentioned above there are links.
HELPING YOU CLOSE ONE DOOR TO OPEN ANOTHER! I understand that buying or selling a home is more than just a transaction: it’s a life-changing experience. That’s why as your real estate professi....