What is Debt-to-Income Ratio?

By |2018-01-15T16:04:30-05:00January 6th, 2018|Financing, Home Buying|

When lenders look at your loan application, whether you’re buying a house for sale in Briarwood, a home for sale in Grassland Estates, or a home for sale in Greathouse, they want to know what your debt-to-income ratio is. Lenders assess your ability to repay the loan on a long-term basis, so they look at your ability to pay [...]