RIS Media
JANUARY 29, 2021
Lenders have limits regarding debt-to-income ratio, or the percentage of a borrower’s monthly income that can go toward debt payments. With Alt-A mortgages, lenders may be more flexible with DTI ratios. An Alt-A loan may be available sooner.
HomeLight
JULY 29, 2022
This can radically alter their debt-to-income ratio and jeopardize the whole deal. There are certain properties I would immediately order a title search before I do anything else: A foreclosure , a short sale , a bankruptcy, an estate sale,” Houck says. Problem: You lost your job.
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