Rachel GibsonLicense ID: 306317- +1(404) 397-9177 rachel@sevenkeysrealty.com
Seven Keys Realty
Debt-to-Income Ratio
The Number That Can Make or Break Your Mortgage
Lenders use a simple formula to judge whether you can handle a mortgage — and understanding it could be the difference between getting the keys and getting turned away.
When you apply for a home mortgage, your credit score gets a lot of attention. But seasoned loan officers will tell you there’s another number that carries just as much weight: your debt-to-income ratio, or DTI. It’s one of the clearest signals a lender has that you won’t get overwhelmed by monthly payments.
KNOW YOUR DTI TODAY!
Look forward to working with you!!