Housing Wire

JULY 11, 2025

The homeowner wants to sell the house, and the homebuyer wants to buy it, but the homebuyer cannot qualify because their debt-to-income ratio is too high, or they are overwhelmed by their total monthly payments. There is a solution that helps both the homeowner and the homebuyer. I utilize it for my clients every day.

Debt-to-income ratio

Housing Wire

JUNE 11, 2025

This week at The Gathering by HousingWire , reverse mortgages took center stage on Tuesday as HW Media CEO Clayton Collins welcomed two leading industry executives to the stage. Ventura described how it often comes down to educating financial advisers — a key reverse mortgage industry referral source target. It’s the Model T.

Mortgages

BAM Media

JANUARY 7, 2025

Debt and Credit: Renters have higher debt-to-income ratios and are twice as likely as homeowners to fall behind on debt payments (18% vs. 9%). For industry news, edutainment, and humor, sign up for the best newsletter on the planet for real estate agents. And thats where you come in.

Debt-to-income ratio

Housing Wire

AUGUST 1, 2025

Insurance delays disrupt mortgages Insurance challenges are spilling into the mortgage industry. Matic found that 64% of lenders reported frequent delays or issues due to insurance, which are often tied to debt-to-income ratios or difficulties securing timely coverage. In 2024, convective storms caused $58 billion in U.S.

Debt-to-income ratio

Marco Santarelli

MAY 27, 2025

Washington: With a thriving tech industry and strong employment, Washington State offers a stable environment for mortgage lending. The rate you ultimately secure will depend on factors like your credit score, income, debt-to-income ratio, and the size of your down payment.

Mortgages

AAOA

JUNE 12, 2025

Here’s the industry-standard distinction: Residential properties = 1 to 4 units (single-family homes, duplexes, triplexes, fourplexes) Commercial properties = 5 or more units (fiveplexes, mid-sized apartment buildings, large multifamily communities) It doesn’t matter whether it’s families, students, or retirees living in the building.

Commercial

The Mortgage Report

JULY 11, 2025

To gain insights and (hopefully) make matters easier, The Mortgage Reports spoke with industry experts to help guide borrowers in 2025’s third quarter. Strained affordability pushed many prospective home buyers to the sidelines in recent times, waiting for improved conditions. Answers have been edited for brevity and clarity.

FHA 203k rehab loan

RIS Media

DECEMBER 9, 2024

Student loan debt is a common obstacle for first-time and some repeat homebuyers.… Home affordability continues to stand between prospective homeowners and their dreams as home prices and mortgage rates stay higher for longer.

Loans

Marco Santarelli

MAY 24, 2025

Competition Among Lenders: While macroeconomic factors are primary drivers, the level of competition within the mortgage industry can also play a role in the rates offered to borrowers. Strengthen Your Financial Profile: Improving your credit score and reducing your debt-to-income ratio can help you qualify for better interest rates.

Mortgages

Redfin

FEBRUARY 24, 2025

Market conditions: Fluctuations in the construction industry due to material costs, labor availability, supply chain issues, and economic factors can impact building expenses. Landscaping: Designing and implementing outdoor spaces adds to the overall expense, with new landscaping projects averaging about $3,507. through 2025.

Debt-to-income ratio

Marco Santarelli

MAY 14, 2025

Washington: Fueled by the tech industry and strong job growth, Washington's real estate market offers decent mortgage rates. Always remember that the actual rate you secure will depend on your individual circumstances, including your: Credit score Income Down payment Debt-to-income ratio What Factors Influence Mortgage Rate Fluctuations?

Mortgages

Redfin

JULY 2, 2025

Same industry, similar role If you switched to a new job in the same field, especially with a pay increase, most lenders won’t see it as a problem. Changing jobs after mortgage pre-approval If you switch jobs after getting preapproved , your lender will likely need to reverify your income and employment.

Pre-approval

Redfin

JULY 8, 2025

This means the lender is taking one final peek to ensure that: You haven’t taken on any new debts , such as opening a new credit card or financing a car, which could affect your debt-to-income ratio. Your job status hasn’t changed , as a sudden loss of income or job switch could affect your ability to repay the loan.

Debt-to-income ratio

Rochester Real Estate

NOVEMBER 5, 2015

Don’t apply for new credit that might make your debt-to-income ratio worse before you close on the home. Bill has been working in the real estate industry for the past thirty-seven years. Final Loan Approval Before you close on the home, avoid making any changes to your finances that could undermine your approval.

Purchase and sale agreement

Marco Santarelli

APRIL 24, 2025

State Regulations: Each state has its own set of regulations governing the mortgage industry. Income: Lenders want to see that you have a stable income and can comfortably afford your mortgage payments. Debt-to-Income Ratio (DTI): This compares your monthly debt payments to your gross monthly income.

Mortgages

AAOA

MARCH 24, 2025

Consider partnering with a local real estate agent who knows your desired areas housing market, industry trends, and rental dynamics. As you qualify for a mortgage, consider the factors lenders consider, such as your credit score, credit history, debt-to-income ratio (DTI), income, and assets.

Property Management

Marco Santarelli

JULY 2, 2025

The mortgage industry is competitive, and different lenders can offer significantly different rates based on their individual business strategies and customer profiles. Understanding Your Financial Position : Your credit score, income levels, and debt-to-income ratio significantly affect the rates you may be offered.

Mortgages

Marco Santarelli

FEBRUARY 7, 2025

2025: The Dodd-Frank Wall Street Reform and Consumer Protection Act, passed in the wake of the 2008 crisis, has implemented stricter regulations on the financial industry, including the mortgage market. But most conventional loans must meet the guidelines Fannie Mae and Freddie Mac set.

Pre-approval

Marco Santarelli

JUNE 17, 2025

These rates often come with catches like: Paying points upfront Requiring an exceptionally high credit score Being limited to very small loan amounts Remember, the rate you actually qualify for will depend on your individual circumstances, including your credit score, income, debt-to-income ratio, and the size of your down payment.

Mortgages

Marco Santarelli

MAY 2, 2025

State Regulations: Each state has its own set of rules and regulations governing the mortgage industry. Economic Factors: Local economic conditions, such as unemployment rates or industry downturns, can impact lender risk assessments and, consequently, mortgage rates. What Makes Mortgage Rates Tick?

Mortgages

Norada Real Estate

JULY 2, 2025

The mortgage industry is competitive, and different lenders can offer significantly different rates based on their individual business strategies and customer profiles. Understanding Your Financial Position : Your credit score, income levels, and debt-to-income ratio significantly affect the rates you may be offered.

Mortgages

Rochester Real Estate

NOVEMBER 5, 2015

The authors of these articles are some of the best writers in the mortgage and real estate industries. ” is an extremely common question in the mortgage and real estate industries. These include improving credit and balancing your debt to income ratio.

Finance

Rochester Real Estate

NOVEMBER 5, 2015

Increasing Your Debt Part of the lender’s calculation is your debt-to-income ratio. Your income compared to your debts shows the lender how much you can afford. If you take on more debt, you will reduce the loan amount you qualify for. He works for RE/MAX Executive Realty in Hopkinton Massachusetts.

Debt-to-income ratio

Housing Wire

APRIL 2, 2025

But right before closing, the underwriter found out the buyer had bought a car, which pushed them out of their debt-to-income ratio. Theres a lot happening in the industry as organizations navigate these issues. The deal almost fell through. A housing counselor would have warned them about that.

Debt-to-income ratio

Marco Santarelli

JULY 23, 2025

State-Level Regulations : Each state has its own set of rules and regulations governing the mortgage industry. The actual rate you qualify for will depend on your individual circumstances, including your credit score, income, and debt-to-income ratio. Invest in Real Estate in the Top U.S.

Mortgages

Marco Santarelli

JUNE 18, 2025

State-Specific Regulations: Each state has its own set of regulations governing the mortgage industry. If people in a certain state are purchasing larger, more expensive homes, the risk assessment and rates might fluctuate accordingly. Lender Risk Management: Every lender has its own internal risk assessment and management strategies.

Mortgages

Marco Santarelli

JUNE 11, 2025

State Regulations: Each state has its own set of regulations governing the mortgage industry. Average Loan Size: The size of the average mortgage loan can also play a role. States with higher property values might see lenders adjusting rates accordingly. Lender Risk Management: Ultimately, it boils down to how lenders manage risk.

Mortgages

Marco Santarelli

MAY 13, 2025

State-Level Regulations: Each state has its own set of regulations governing the mortgage industry. Your Income and Debt-to-Income Ratio (DTI): Lenders will assess your income and existing debt to ensure you can comfortably afford the monthly mortgage payments.

Mortgages

Marco Santarelli

MARCH 6, 2025

LTV (Loan-to-Value Ratio): This compares the amount of the loan to the appraised value of the home. Debt-to-Income Ratio (DTI): The ratio of your monthly debt payments to your gross monthly income. Lenders use this to assess your ability to repay the loan. A lower DTI is better.

Mortgages

Marco Santarelli

MAY 22, 2025

State Regulations: Each state has its own set of regulations governing the mortgage industry. Your Individual Profile Matters: The rate you ultimately secure will depend on your credit score, income, debt-to-income ratio, and the size of your down payment. Don't just settle for the first rate you see.

Mortgages

Marco Santarelli

JUNE 5, 2025

State Regulations: State-specific laws and regulations governing the mortgage industry can also play a role in determining interest rates. Average Loan Size: The average loan size in a state can also influence rates. Larger loans may come with slightly different rates than smaller ones.

Mortgages

Marco Santarelli

JULY 10, 2025

State Regulations: Each state has its own set of regulations governing the mortgage industry, which can indirectly affect rates. The rate you actually secure will depend on your credit score, income, debt-to-income ratio, loan amount, and down payment. Larger loan amounts might be viewed differently by lenders.

Mortgages

Housing Wire

DECEMBER 11, 2024

Mortgage industry advocates including the Mortgage Bankers Association (MBA), CHLA and others were encouraged by the addition in September of a separate bill to the NDAA that would have banned the practice of trigger leads. Lenders do not receive this data in the trigger lead process.

Debt-to-income ratio

Marco Santarelli

MARCH 10, 2025

Debt-to-Income Ratio : Lenders look at your total debt-to-income ratio when determining your eligibility for a mortgage. Keeping this ratio low could aid in securing better rates. Lenders reward those with better credit by offering more favorable mortgage terms.

Debt-to-income ratio

Rochester Real Estate

NOVEMBER 5, 2015

10 Signs You’re Ready To Purchase A Home (Even With Student Loans) Should You Pay Off Student Loans Before Buying A House – 10 Signs You’re Ready To Buy A House As a young professional working in the real estate industry and a millennial, I often run into the question: should I pay off my student loan debt before purchasing a home?

Loans

Housing Wire

SEPTEMBER 9, 2020

Prior to the deadline for public commentary on Tuesday, housing industry trade groups, companies and organizations responded to the Consumer Financial Protection Bureau’s proposed rulemaking for the general qualified mortgage definition and the expiration of the QM patch in January 2021. Under § 1026.43(c)(2)(vii), Section 1026.43(c)

Debt-to-income ratio

Housing Wire

JANUARY 20, 2023

Debt-to-income ratio is also now a consideration on the pricing matrix, with a new pricing adjustment for borrowers with a DTI ratio above 40%. The changes are effective starting May 1, 2023.

Debt-to-income ratio