Your DTI ratio is the amount you owe in month-to-month debt payments in comparison to your income. To qualify for a mortgage, your DTI ratio should ordinarily be a lot less than 43%, but no higher than fifty%. The lender will likely validate your down payment and funds for closing. https://loandefault14455.boyblogguide.com/28377243/top-latest-five-loan-interest-urban-news