Mortgage DTI Ratio: Dispelling the Common Misconceptions
The debt-to-income (DTI) ratio is one of the main criteria that lenders use to approve applications for conventional and USDA loans in Orem, Utah, or anywhere else in the Beehive State. It weeds out heavily indebted borrowers, which helped form the previous housing bubble in America that eventually triggered a devastating financial crisis. Your DTI […]
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