Posts Tagged ‘how to calculate DTI’
Debt to Income Ratio aka DTI Explained
What Is Debt-to-Income (DTI) Ratio in Mortgage Lending? If you’re planning to buy a home or refinance your mortgage, one of the most important numbers you’ll hear about is your Debt-to-Income Ratio, or DTI. It’s a key part of mortgage lending and understanding it can help you prepare and potentially qualify for better loan options. Definition of…
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