Housing Wire

OCTOBER 27, 2020

Perfect credit would certainly make getting a loan easier (and cheaper), but it’s not a requirement by any means. FHA loans require just a 500 credit score, as long as you can make a 10% down payment, while VA loans have no credit score requirement whatsoever.

Debt-to-income ratio 422

Debt-to-income ratio VA loan FHA loan Loan Officer 422

The Close

JULY 1, 2025

However, some will struggle with getting approved for a loan, which is something that could result in the transaction falling through for you as a real estate agent. That’s where FHA loans can save the day for everyone. This makes it possible for buyers who might not qualify for traditional loans to still secure financing.

FHA loan 40

FHA loan Loans Debt-to-income ratio Purchase and sale agreement 40

Realty Biz

JULY 23, 2023

Overcoming challenges in the mortgage process requires addressing higher interest rates, documenting income, and navigating common hurdles. Recent changes and technological advancements are shaping the lending landscape. These factors include the length of self-employment, consistency of income, and documentation of tax returns.

Debt-to-income ratio 72

Debt-to-income ratio FHA loan Lending Loans 72

Marco Santarelli

MAY 9, 2025

So many people I know have tens of thousands, even hundreds of thousands, of dollars in student loan debt. This makes it harder to save for a down payment and can also affect your ability to qualify for a mortgage because it increases your debt-to-income ratio. This wasn't as big of an issue 50 years ago.

Debt-to-income ratio 52

Debt-to-income ratio Loans FHA loan Mortgages 52

Marco Santarelli

JULY 20, 2024

Employment stability : Job security often plays a role in the decision to purchase a home.

Debt-to-income ratio 52

Debt-to-income ratio VA loan FHA loan Lending 52

HomeLight

JULY 14, 2021

The interest you pay for a 401(k) loan is usually much less than for a consumer loan, but buyers should keep in mind that it also adds another monthly payment, which can affect debt-to-income ratios when qualifying for a mortgage. Fintech platforms.

Banks 105

Banks Debt-to-income ratio Loans FHA loan 105

Lab Coat Agents

MAY 1, 2024

Additional Benefits No Mortgage Insurance Another significant benefit of assuming a VA loan is that there is no mortgage insurance required, even if the buyer puts less than 20% down. This can result in additional monthly savings compared to conventional or FHA loans with small down payments.

VA loan 52

VA loan Loans Debt-to-income ratio FHA loan 52