Embarking on the journey to homeownership can be exhilarating yet daunting for first-time buyers. In this episode, Mortgage Expert, Ivan Simental NMLS# 1762746 guides you through the vital questions that every first-time homebuyer should ask. Join us as we uncover not only the common inquiries but also those often overlooked, and how these questions can transform your home buying experience. Learn more about the home buying process, refinancing, and real estate investing at themortgagereports...
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Embarking on the journey to homeownership can be exhilarating yet daunting for first-time buyers. In this episode, Mortgage Expert, Ivan Simental NMLS# 1762746 guides you through the vital questions that every first-time homebuyer should ask. Join us as we uncover not only the common inquiries but also those often overlooked, and how these questions can transform your home buying experience. Learn more about the home buying process, refinancing, and real estate investing at themortgagereports...
What Is Debt-to-Income and How Does It Affect Your Ability to Buy a Home?
The Mortgage Reports Podcast
6 minutes
2 years ago
What Is Debt-to-Income and How Does It Affect Your Ability to Buy a Home?
Join mortgage expert Ivan Simental NMLS# 1762746 as he discusses the concept of debt-to-income ratio (DTI) and its crucial role in determining your ability to purchase a home. Whether you're a first-time buyer or considering a new mortgage, understanding the significance of DTI is essential for navigating the homebuying process with confidence. Ivan guides us through the ins and outs of DTI. He discusses what DTI is, how it is calculated, and why lenders consider it when assessing your mortg...
The Mortgage Reports Podcast
Embarking on the journey to homeownership can be exhilarating yet daunting for first-time buyers. In this episode, Mortgage Expert, Ivan Simental NMLS# 1762746 guides you through the vital questions that every first-time homebuyer should ask. Join us as we uncover not only the common inquiries but also those often overlooked, and how these questions can transform your home buying experience. Learn more about the home buying process, refinancing, and real estate investing at themortgagereports...
