Homebuyer101: How To Calculate Your Debt To Income Ratio + The Importance In The Home Buying Process

#debttoincome #mortgage #homeloan
Homebuyer101: How To Calculate Your Debt To Income Ratio And Why You Need To Know Those Numbers When Buying a Home!

What is Debt to Income Ratio? The debt to income ratio is the percentage of a consumer's monthly gross income that goes toward paying debts. This is extremely important when buying a house and at the beginning of your home buying process with any real estate!

If you're a first time home buyer or real estate investing, this is a very important topic for you and your family to understand!

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