HomeLight

APRIL 9, 2025

Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home. It gives you access to the equity in your existing home so you can cover a down payment and closing costs on your new purchase without waiting for your old house to sell. Why Move Twice?

Equity

HomeLight

APRIL 18, 2025

You might be curious if theres a way to access your homes equity for a down payment before it sells or if your only option is to move out and crash somewhere temporary while you house hunt. Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home.

Equity

HomeLight

APRIL 10, 2025

Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home. A bridge loan (sometimes called a swing loan or bridging loan) is a short-term loan that uses the equity in your current home to help you move forward with your next purchase. Why Move Twice?

Equity

HomeLight

JULY 28, 2025

You need the equity from your existing home to fund your next purchase — but getting the timing right isn’t always easy. Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home. Your debt-to-income ratio (DTI) will also factor into approval.

Equity

HomeLight

JULY 24, 2025

You need the equity from your existing property to fund the next purchase, but pulling that off without disruption to your daily life isn’t easy. Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home. Your debt-to-income ratio (DTI) also comes into play.

Equity

HomeLight

JULY 24, 2025

Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home. It taps into the equity you’ve built in your existing property, giving you fast access to cash for a down payment or closing costs on your next purchase.

Equity

HomeLight

JULY 24, 2025

Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home. It taps into the equity you’ve built in your existing property, giving you fast access to cash for a down payment or closing costs on your next purchase.

Equity

Marco Santarelli

DECEMBER 21, 2024

Tapping into home equity: You can refinance to pull cash out of your home. This can be useful for major expenses like home renovations or paying off higher-interest debt, like credit cards. Are you trying to lower your monthly payments, pay off your mortgage quicker, or access your home equity?

Debt-to-income ratio

Redfin

JUNE 13, 2025

Buying your second home comes with experience on your side and valuable advantages: financial history, equity from your current home, and a clearer sense of what you want. Consider financial tools like bridge loans or home equity loans for your new home’s down payment before your current one sells. Example cost impact: At a 6.8%

Debt-to-income ratio

The Mortgage Report

JULY 24, 2025

Fortunately, mortgage lenders will not count this monthly repayment on your 401(k) loan against you in your debt-to-income ratio,” adds Schwartz. Down payment strategies to avoid Not every down payment saving tactic has benefits that outweigh the downsides.

FHA 203k rehab loan

Marco Santarelli

MAY 3, 2025

Debt-to-Income Ratio: Lenders will also look at your debt-to-income ratio to assess your ability to repay the loan. Home Equity: You'll typically need to have sufficient equity in your home to refinance. Read More: When Will the Soaring Mortgage Rates Finally Go Down in 2025?

Debt-to-income ratio

The Mortgage Report

JULY 11, 2025

To lower a rate, they can 1) pay off debt or grow income to improve their debt-to-income ratio , 2) reduce their loan-to-value ratio by putting more money down or considering lower priced homes, 3) improve their credit score by reviewing their history and paying bills on time, and 4) shop around among lenders.

FHA 203k rehab loan

The Mortgage Report

JULY 14, 2025

To qualify, the borrower will need to meet the lender’s credit, income, and debt-to-income ratio (DTI) requirements. Selling eliminates the shared debt entirely. The mortgage is paid off at closing, and any remaining equity can be split based on an agreement or court order.

FHA 203k rehab loan

Marco Santarelli

DECEMBER 11, 2024

Factors such as credit scores, debt-to-income ratios, and market trends will significantly impact individual mortgage experiences. The current environment reminds all interested partiesfrom prospective first-time homebuyers to seasoned investorsto remain vigilant and informed.

Mortgages

The Living Room

MAY 9, 2025

Pros of Renting Out Your Home Additional Income: Renting out your current home can provide a steady income stream, which may help offset your debt-to-income ratio when purchasing your next house. Here is the video if you prefer to watch as well!

Debt-to-income ratio

Lighter Side of Real Estate

MAY 26, 2025

Depending on your profession, you may be eligible for surprisingly flexible mortgage termssometimes with low (or no) down payments, no PMI, and a more forgiving look at your debt-to-income ratio.

Debt-to-income ratio

Redfin

JULY 21, 2025

Using Redfin’s mortgage calculator , on an $80k salary with zero current debts, 20% down payment, and a 36% debt-to-income ratio, you’ll be looking at homes valued at $325,000 and below. What’s your debt-to-income ratio? What’s your debt-to-income ratio?

Debt-to-income ratio

AAOA

JUNE 12, 2025

Financing: Commercial Deals Are All About the Property Residential real estate loans (for properties with 1–4 units) are underwritten based on your personal income, credit history, and debt-to-income ratio. Lenders evaluate the property’s performance, not your W-2 income.

Commercial

Marco Santarelli

MARCH 13, 2025

Debt-to-Income Ratio : Borrowers should keep their debt levels low to improve chances of securing better loan offers. In contrast, a 15-year mortgage typically carries a lower rate and allows homeowners to build equity faster.

Mortgages

Redfin

JULY 24, 2025

2025 Loan Lending Standards for First-Time Home Buyers Loan Type Credit Score Debt-to-Income Ratio Income Employment Occupancy Mortgage Insurance Loan Limits FHA 580 or higher 43% or less Borrowers need to show steady income and proof of employment, typically with at least two years of history.

FHA loan

Redfin

JULY 23, 2025

Final thoughts Interest rates, loan type, and down payment size are the main factors that will determine your mortgage payment on a $500,000 house.

Mortgages

Redfin

JULY 1, 2025

This type of arrangement allows co-borrowers to combine their income and credit profiles, which can help with loan approval or boost purchasing power. Lenders assess each applicant’s income , credit score, debt-to-income ratio, and employment history. How do you apply for a mortgage with multiple borrowers?

Debt-to-income ratio

Redfin

JULY 22, 2025

Using Redfin’s mortgage calculator , on a $200k salary with zero current debts, 20% down payment, and a 36% debt-to-income ratio, you’ll be looking at homes valued at $820,000 and below. What’s your debt-to-income ratio? What’s your debt-to-income ratio?

Debt-to-income ratio

The Mortgage Report

JULY 22, 2025

Things to consider: You’ll need to qualify for the loan on your own — your credit, income, and debt-to-income ratio all matter. The current market and property value will impact how much equity each party receives. You take out a new loan to pay off the original one, but this time, you’re the sole borrower.

FHA 203k rehab loan

Marco Santarelli

MARCH 4, 2025

On the other hand, a larger down payment means lower monthly payments and more equity from the start. Credit Score and Debt: Lenders will scrutinize your credit score to assess your creditworthiness. They'll also look at your debt-to-income ratio (DTI), which compares your monthly debt payments to your gross monthly income.

Mortgages

Inman

JULY 7, 2025

Price softening continues to spread from the Sunbelt into the Western U.S. and the inventory of homes for sale is growing at an accelerating pace, ICE Mortgage Technology reports.

Technology

Redfin

JULY 18, 2025

Using Redfin’s mortgage calculator , on a $90,000 a year salary with zero current debts, 20% down payment, and a 36% debt-to-income ratio, you’ll be looking at homes valued at $370,000 and below. What’s your debt-to-income ratio? What’s your debt-to-income ratio?

Debt-to-income ratio

Redfin

JULY 18, 2025

It’s understandable to want to get away from the fear of rent increases in your apartment in San Francisco, CA and start to build equity in your home. Using Redfin’s mortgage calculator , on a $50k salary with zero current debts, 20% down payment, and a 36% debt-to-income ratio, you’ll be looking at homes valued at $205,000 and below.

Debt-to-income ratio

Redfin

JULY 14, 2025

Debt-to-income ratio (DTI) Your debt-to-income ratio (DTI) compares your monthly debt payments, including student loans, car payments, and more, to your gross monthly income. You’ll also have less equity in your home initially. Putting down at least 20% will help you avoid paying PMI.

Debt-to-income ratio

Redfin

FEBRUARY 24, 2025

Interest rates: Mortgage interest rates, influenced by factors such as credit score, debt-to-income ratio, income, and down payment size, play a crucial role in the overall cost of purchasing a home. As of late 2024, mortgage rates are projected to average 6.4% through 2025.

Debt-to-income ratio

Marco Santarelli

JULY 2, 2025

Understanding Your Financial Position : Your credit score, income levels, and debt-to-income ratio significantly affect the rates you may be offered. Refinancing allows homeowners to adjust their loan terms, either lowering their monthly payments or accessing equity for renovations or other expenses.

Mortgages

Redfin

MARCH 3, 2025

Final thoughts Your mortgage payment on a $300,000 home depends on interest rates, loan type, and down payment size.

Mortgages

Redfin

JULY 24, 2025

We’ll outline the key criteria lenders look for, including credit score, debt-to-income ratio, and home equity. Your home’s existing equity , which is the percentage of the home’s value that you own, acts as your stake in the property. Equity requirements for mortgage refinancing?

Mortgages

Redfin

JULY 30, 2025

This way, you’ll have a chance to build equity. The longer you own your home, the more equity you’ll build, leading to greater financial return when you decide to sell your home. >> Lower your debt-to-income ratio: Paying down existing debt can improve your financial profile, helping you qualify for lower interest rates.

Pre-approval

Redfin

JULY 3, 2025

Some lenders may require a finalized divorce decree before approving a mortgage, as this document outlines debt and asset division, alimony, and more. These details directly impact your debt-to-income ratio , how much you afford and borrow. If you’re the one making those payments, they count as debt.

Debt-to-income ratio

Norada Real Estate

JULY 2, 2025

Understanding Your Financial Position : Your credit score, income levels, and debt-to-income ratio significantly affect the rates you may be offered. Refinancing allows homeowners to adjust their loan terms, either lowering their monthly payments or accessing equity for renovations or other expenses.

Mortgages

AAOA

MARCH 24, 2025

The appreciation that the property witnesses over time can help leverage your equity to invest in other properties. Reduced Risk Unlike a single-family unit that depends on one tenant for all your income, a multifamily property spreads out your risk. Compare interest rates and loan terms to find the best option for you.

Property Management