Debt To Income Ratios Explained | The Mortgage Minute | Laura Borja San Diego Home Loans

Debt to income ratios explained.

A debt to income ratio is the percentage of your gross qualifying income that is allocated to debt repayment.

For more information or to get started with the preapproval process:

laura@TheBorjaTeam.com

(858) 3-LOAN-SD

Text PREAPPROVAL TO 44222

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From: San Diego Home Loans-Laura Borja

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Mortgage Lingo - Debt To Income Ratio Explained

Here is some quick info in regards to what DTI is and what the impact is on your loan.

Calculate your DTI (Debt-to-Income) Ratio. http://www.bankrate.com/calculators/mortgages/ratio-debt-calculator.aspx

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From: Justice Roberts

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What are the income requirements for VA loans?

VA mortgages, like all loans, have certain income qualifying requirement. The http://www.directvaloans.com VA loan FAQ video series addresses the commonly asked question, What are the income requirements for VA loans? The income qualifying requirements for VA loans are established by the VA. The debt-to-income ratio for veterans home loans is 41%. So, if a veterans monthly debt obligation is not greater than 41% of his income, a VA lender can consider a veteran home loan. Other factors to be...

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From: DirectVALoans

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Florida Stated Income Loan

http://www.finance1online.com

We offer unique Private Mortgage Banking and Hard Money Loan capital for borrowers and/or properties that do not meet

conventional underwriting guidelines. Our lending solutions include: low rate stated income and no doc loans to $2M,

interest only loans, make-sense gross income qualifying, high debt ratio loans to 55% DTI, 2nd mortgages/HELOCs and low

rate Private/Hard money $150K+ for commercial and residential, construction loans to $5M residential hogger...

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From: BestVideoFiles

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Debt to Income Ratio Calculation

http://www.lbmortgage.com/ Unless you have taken out a lot of loans or are in the loan industry, you may find yourself asking "what is debt to income ratio?" In short it is an important tool to help budget your finances and figure out what kind of loan you can afford. Ryan Leopold of Cobalt Mortgage explains the process with a debt to income ratio calculator.

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From: Leopold Brashen

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Conventional Loans: Qualifying Debt to Income Ratios | The Buzz on Mortgages

https://dempseyhomeloans.vipmtginc.com/

The Dempsey Team at V.I.P. Mortgage, Inc.

5401 N Oracle Rd

Tucson, AZ 85704

(520) 444-3982

buzzdempsey@vipmtginc.com

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From: The Dempsey Team at VIP Mortgage

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How Mortgages Work. Qualifying for a Loan. Part10

How Mortgages Work. Qualifying for a Loan. Part10

In order to qualify for a mortgage, most lenders require that you have a debt-to-income ratio of 28/36 (this can vary depending on the down payment and the type of loan you're getting, however). This means that no more than 28 percent of your total monthly income (from all sources and before taxes) can go toward housing, and no more than 36 percent of your monthly income can go toward your total monthly debt (this includes your mortgage...

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From: Online Trading

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Understanding Mortgage Debt to Income Ratios | It's Not Rocket Science

Do you understand mortgage debt to income ratios and what it means to you when trying to get a new mortgage? Don Carriker with IWantAGreatHomeLoan.com goes through DTI (Debt to Income) in this episode of "It's Not Rocket Science". After watching this video you should better understand the mortgage process and how your DTI can greatly affect the amount of money you can borrow for your next mortgage.

This is why it is very important to get approved for your home loan before you start looking...

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From: Don Carriker | USA Mortgage

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Tips on Getting APPROVED to Buy Your DREAM CAR in 2017

Getting an auto loan can be a stressful situation. Especially if it's your first auto loan. Here are some tips to help you feel more comfortable with the process.

Check out Credit Karma:

www.creditkarma.com

Debt to income ratio calculator:

http://www.bankrate.com/calculators/mortgages/ratio-debt-calculator.aspx

Auto loan calculator:

http://www.bankrate.com/calculators/auto/auto-loan-calculator.aspx

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From: Cars, Costs and Technology

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http://www.amerifirst.com/buying-my-first-home/ First time home buyers often ask how much house they can afford. Taking a look at the debt to income ratio is a start. Mortgage Consultant Colleen Maire explains how we determine how much house a first time home buyer can afford, looking at the comfort zone of the buyer. If you want to know more, head over to amerifirst.com

All of this information is also included in your mortgage pre-approval. This should be your first step in the home buying...

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From: AmeriFirst Home Mortgage

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