Your blog category
We break down everything you need to know about Debt-To-Income (DTI) ratio – what it is, how it’s calculated, and why it’s an essential factor for lenders when determining your creditworthiness. Understanding your DTI ratio is crucial for managing your finances effectively and ultimately achieving your financial goals.
The importance of improving your credit score and how it can positively impact your financial future. Having a good credit score is crucial when it comes to securing loans, mortgages, and even getting approved for a credit card
When it comes to loans, understanding the terms can seem tough. Two key terms are Note Rate vs Annual Percentage Rate (APR). We’ll explain what they are and how these rates impact your loans and mortgages.
Student loans can affect mortgage approval by increasing your debt-to-income ratio (DTI). Lenders scrutinize this ratio to determine your ability to repay a home loan.
Looking to understand mortgage insurance better? Check out this comprehensive guide by Simone Castello MLO! Whether you’re a first-time homebuyer or a seasoned homeowner, knowing about mortgage insurance is crucial.