Tag: DTI Ratio

VA Streamline Refinance

VA Streamline Refinance: What You Need To Know The VA IRRRL, or VA Interest Rate Reduction Refinance Loan, simply known as the VA Streamline Refinance is a refinancing option for people who currently have an existing VA Loan.  By looking at the name, VA Streamline Refinance, you will notice the word Streamline, which in this

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Reasons For An FHA Mortgage in 2022

Reasons For An FHA Mortgage in 2022: Introduction In an ever-changing and uncertain landscape in the housing market, there are still reasons to keep purchasing homes because quite frankly, even if mortgage rates are on the rise, borrowers are still going to need to purchase homes regardless.  Borrowers right now might not like the mortgage

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Assuming VA Loan With New Home Purchase For Veterans

Assuming VA Loan With New Home Purchase For Veterans If you have never heard about ways you can Assume VA Loan or any existing mortgage for that matter, then this is definitely the article for you as we are going to take a look at how you can do this and you will see the

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DTI Ratio Matters When Buying A Home

DTI Ratio: Introduction Debt-to-income or DTI Ratio is a major factor of financial stability that lending institutions will use to determine your credit worthiness.  In essence, the DTI Ratio calculates what percentage of your monthly income goes towards satisfying your monthly debts.  Knowing this, a lender can determine just how much of a monthly housing

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