Remove Debt-to-income ratio Remove Seller concession Remove VA loan
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A simple guideline change could boost home sales and help homebuyers

Housing Wire

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. As the top VA purchase loan officer for the last two years, I have seen the solution.

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Vital Steps to Take When Purchasing Your First Home

Realty Biz

Research different types of mortgages available, such as conventional, FHA, or VA loans. Many first-time home buyers have low credit scores and need help with high debt-to-income ratios. Consider your monthly income, expenses, and debt-to-income ratio when setting a budget for your new home.