Lisa Eagan

Leagan Realty, Scottsdale Arizona

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Assessing Your ‘Debt-to-Income Ratio’ and Why This Number Matters When Getting a Mortgage

July 29, 2015 by Lisa Eagan

For those who are looking to buy a home soon, keep in mind that the Debt-to-Income ratio of the borrower plays a huge role in the approval of your mortgage application. A low DTI may make it easier for the lender and the underwriter to justify making a loan to the borrower.

Filed Under: Mortagage Tips Tagged With: Debt-to-Income ratio, Mortgage Approval, Mortgage Loan Information

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Leagan Realty

12862 East Summit Drive
Scottsdale, Arizona 85259
Phone: 480.766.2115
Fax: 888.422.9951

Email: lisaeagan@leaganrealty.com
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