HomeLight

AUGUST 29, 2022

DTI: Your debt-to-income ratio helps the lender assess if you as a borrower would be able to afford your monthly payment. It shows the amount of debt you have in comparison to your income. Earnest money deposit amount. Contingencies: Financing, home inspection, and appraisal.

Earnest money deposit 88

Earnest money deposit Title Inspection Title search 88

HomeLight

JUNE 30, 2022

Transaction details: the purchase agreement and a copy of your earnest money deposit. Get a property inspection. It’s always recommended to get a home inspection. A new trade line could alter your debt-to-income ratio and throw off the whole deal if you are not careful. Bank statements.

Purchase and sale agreement 70

Purchase and sale agreement Inspection Earnest money deposit Closing costs 70

HomeLight

JANUARY 27, 2021

You can usually shop around for the home inspection , title and settlement services, and home insurance. This can save you some money on your closing costs versus going with whoever the lender works with as a default. Definitely include an inspection contingency. Of course, sellers love an inspection-free deal.

Closing costs 114

Closing costs Loans Inspection Earnest money deposit 114