Debt-to-income ratio Earnest money deposit Inspection contingency Loan Officer 
HomeLight
JANUARY 27, 2021
This can cause issues if there are errors on your application or if there’s something the loan officer missed. Your lender is mostly thinking in terms of your DTI (debt-to-income ratio, or how much you pay toward debt each month versus how much you actually make). Sweeten the pot with earnest money.
HomeLight
JUNE 30, 2022
Transaction details: the purchase agreement and a copy of your earnest money deposit. Even in a competitive housing market, where buyers are waiving inspection contingencies , it’s always a good idea to get an inspection so you know what exactly is wrong with the house before you take ownership.
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