What You Need to Know About Debt-to-Income Ratio When Buying a House in Redlands

by Thomas Jackson

The process of buying a house involves a lot of time, planning, and financial preparation in order to make everything a success. To help you through the process of getting approved for your mortgage, here’s what you need to know about the debt-to-income ratio when buying a house in Redlands: Simply put, DTI, or debt-to-income ratio is the percentage of your monthly income that you then pay out...

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