HomeLight

APRIL 10, 2025

This short-term financing option could be the piece you need to make your move smoother and less stressful. Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home. When reviewing your application, the lender may need to calculate your debt-to-income ratio.

Equity

HomeLight

JULY 24, 2025

This short-term financing option gives you flexibility and control over your timeline. 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 might be just what you need to buy your next home without waiting to sell your current one.

Equity

Redfin

JUNE 13, 2025

In this Redfin article, we’ll walk you through what’s different as a second-time homebuyer, how to prep your finances, and what strategies ease the transition—whether you’re upgrading in Flagstaff, AZ , downsizing, or just making a change in Fort Worth, TX. Debt-to-income ratio: This compares your monthly debt payments to your gross income.

Debt-to-income ratio

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? Can you afford the closing costs?

Debt-to-income ratio

The Mortgage Report

JULY 24, 2025

This tells you how expensive housing has become compared to income. Personal finance expert Aimee Frey , on the other hand, interprets these findings a bit more critically. Fortunately, mortgage lenders will not count this monthly repayment on your 401(k) loan against you in your debt-to-income ratio,” adds Schwartz.

FHA 203k rehab loan

The Mortgage Report

JULY 11, 2025

When it comes to finding the right loan to finance your dream home, take the time to research different loan products and better understand how they align with both your short and long-term objectives. Making that mortgage payment versus paying rent builds equity. The key lies in readiness and perspective.

FHA 203k rehab loan

AAOA

JUNE 12, 2025

It’s one of the most important questions beginner investors ask and the answer directly impacts how you buy, finance, manage, and scale your real estate portfolio. Everything from financing to valuation to property management is handled differently. If you’ve ever wondered, “Is multifamily considered commercial or residential?”

Commercial

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

Redfin

JULY 30, 2025

You’ll have flexibility to choose between fixed and variable-rate financing with different repayment periods. An FHA loan may be ideal for those with a lower credit score or a higher debt-to-income ratio. Why does the debt-to-income ratio matter for my loan? Requirements Down payment: 3.5%

Loans

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 24, 2025

” Simply put, a down payment is the initial sum of money you pay upfront when buying a home, with the remaining amount financed through a mortgage. According to the National Association of Realtors , 52% of first-time buyers used a conventional loan to finance their home, while 29% used an FHA loan, and 9% used a VA loan.

FHA loan

Redfin

JULY 30, 2025

Key takeaways: First-time homebuyer: Anyone who hasn’t owned a primary residence in the past three years Common first-time homebuyer qualifications: Credit score, debt-to-income ratio, down payment, income limits, employment history, purchase limits, homebuyer education Buying your first home?

Debt-to-income ratio

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

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

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 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

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 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 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

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

AAOA

MARCH 24, 2025

Research potential locations and secure financing options. 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.

Property Management

Redfin

FEBRUARY 24, 2025

Financing and closing costs: If you’re financing the land purchase or construction, anticipate paying 2% to 5% of the loan amount in closing costs. Financing options are available but typically involve additional fees. Allocating a contingency budget helps mitigate the impact of these surprises. through 2025.

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

JULY 3, 2025

A home can provide a fresh start, but buying too soon can create complications if your divorce isn’t fully settled or if your finances aren’t yet stable enough for a mortgage. Some lenders may require a finalized divorce decree before approving a mortgage, as this document outlines debt and asset division, alimony, and more.

Debt-to-income ratio

Marco Santarelli

JULY 14, 2025

Current Refinance Rates Refinancing can be a valuable financial strategy for homeowners looking to lower their monthly payments or tap into their home equity. Lenders evaluate factors such as credit score, debt-to-income ratio, and employment history before offering a mortgage rate.

Mortgages

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

HomeLight

APRIL 23, 2025

Bridge loans offer temporary financing that allows sellers like you to buy a new home before selling your old one. 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 can help with this buy-sell timing conundrum. Why Move Twice?

Debt-to-income ratio

Marco Santarelli

MARCH 20, 2025

15-Year Fixed: If you're looking to build equity faster and save on interest , a 15-year fixed mortgage is a solid option. Debt-to-Income Ratio (DTI): Lenders assess your DTI to determine your ability to manage your debt obligations. However, remember that you'll pay more interest over the long haul.

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

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

Redfin

JUNE 9, 2025

Using Redfin’s mortgage calculator , on a $100k salary with zero current debts, 20% down payment, and a 36% debt-to-income ratio, you’ll be looking at homes valued at $425,000 and below. What’s your debt-to-income ratio? What’s your debt-to-income ratio?

Debt-to-income ratio

Redfin

JUNE 27, 2025

Here are the main places to look: State and local housing agencies: A lot of states and cities offer down payment assistance, grants, or low-interest loan programs through their housing finance agencies. USDA loans provide 100% financing for homes in rural or suburban areas. Let’s break it down: FHA loans require as little as 3.5%

Debt-to-income ratio

Redfin

JULY 7, 2025

From untangling shared finances to understanding how property division works in your state, there are legal, financial, and emotional factors to consider before moving forward. Document everything: Keep detailed records of your finances and communications related to the purchase to protect yourself during the divorce process.

Debt-to-income ratio

Marco Santarelli

JANUARY 23, 2025

30-Year Fixed Mortgage Rates The 30-year fixed mortgage remains the most popular choice for home financing due to its stability. This is particularly intriguing for those who want to build equity quickly. Debt-to-income ratio is crucial in determining your creditworthiness and ability to secure favorable rates.

Mortgages