US EditionHigh DTI Ratios Continue To Be The Leading Cause Of Mortgage Denial
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High DTI Ratios Continue To Be The Leading Cause Of Mortgage Denial
Last year marked yet another year where high debt-to-income income ratios were the leading cause of denial for mortgage applicants. While a low credit score can also be a significant factor, often it might just lead to a higher mortgage rate. That means you can still get approved for a home loan with marginal credit, but it’ll be more expensive. In other words, you want to focus on keeping your other liabilities as low as possible when applying …
High DTI Ratios Continue to Be the Leading Cause of Mortgage Denial - The Truth About Mortgage
Last year marked yet another year where high debt-to-income income ratios were the leading cause of denial for mortgage applicants. While a low credit score can also be a significant factor, often it might just lead to a higher mortgage rate. That means you can still get approved for a home loan with marginal credit,… Read More »High DTI Ratios Continue to Be the Leading Cause of Mortgage Denial The post High DTI Ratios Continue to Be the Leadin…
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