Tag: Debt To Income Ratio

Posted on 03/08/2020
How to Secure a Mortgage when You're Self-Employed
Photo by Free-Photos via Pixabay When you’re self-employed, it’s difficult to decide whether you are ready to buy a house. After all, your income might come in spurts instead of having a regular check every week or two. Being prepared for the mortgage process increases the chance that your application will be approved. Self-employed people have more hurdles...
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Posted on 08/04/2019
The Importance of Balancing Your Debt to Credit Ratio
It's easy to get stuck without a mortgage approval or with a smaller home loan than you want, just because you don't understand how your credit score works. Most of the things you've done to prepare: budgeting your income, balancing your bank accounts and saving up for a down payment, aren't reflected in your FICO credit score. It...
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