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Debt-to-Income (DTI): What it is and Why It's Important When Getting a Mortgage
by Guest on Jun 9, 2013 • Buying • 798 Views
Your debt-to-income ratio (DTI) is an important part of qualifying for a mortgage because it serves as an indicator of your financial capacity to repay the loan A higher DTI means more risk for the lender, a lower DTI means less risk
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