Remove As-is Remove Debt-to-income ratio Remove Tenancy in common
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4 Crucial Questions To Ask Your Partner Before Buying a House Together

Realtor.com

How much debt do you have? If you haven’t done so already, now is the time for each of you to come clean about any debt you may have, since that can make or break your ability to get approved for a mortgage. One of the things mortgage lenders look at when you apply for a home loan is your debt-to-income ratio.

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Is Co-Buying a Home Right For You?

Windemere Buying

Just like a traditional home purchase, lenders use the buyers’ debt-to-income ratios and credit scores to determine their mortgage eligibility and formulate the terms of their loan. Tenancy in Common (TIC) When co-buyers hold a title as tenants in common, shares of the property can be divided equally or unequally.