DTI - Monov Daily

Can You Get a Mortgage with Debt? Here’s What You Need to Know

May 20, 2024 by admin

Can you get a mortgage with debt? The answer is yes, but it’s not always easy. Lenders will consider your debt-to-income ratio (DTI), credit history, and score when making a decision. If your DTI is too high or your credit is poor, you may have to take steps to improve your financial situation before you … Read more

Debt-to-Income Ratio: The Key to Mortgage Refinance Success

May 20, 2024 by admin

Debt to income ratio for mortgage refinance – Navigating the world of mortgage refinancing can be daunting, but understanding your debt-to-income ratio (DTI) is the key to unlocking a smoother process. Lenders use DTI to gauge your financial stability and determine your eligibility for refinancing. Let’s dive into the ins and outs of DTI and … Read more