Redfin

FEBRUARY 10, 2021

Have a Healthy Debt-to-Income Ratio (DTI). Another key component banks consider when issuing loans, is your debt-to-income ratio. The debt-to-income ratio is a lender’s way of comparing your monthly housing expenses and other debts with how much you earn.

Debt-to-income ratio 76

Debt-to-income ratio Pre-approval Inspection Purchase and sale agreement 76

HomeLight

JUNE 30, 2022

Even in a competitive housing market, where buyers are waiving inspection contingencies , it’s always a good idea to get an inspection so you know what exactly is wrong with the house before you take ownership. A new trade line could alter your debt-to-income ratio and throw off the whole deal if you are not careful.

Purchase and sale agreement 96

Purchase and sale agreement Inspection Earnest money deposit Closing costs 96

HomeLight

AUGUST 29, 2022

Nicknamed the Lone Star state, Texas is the second most populous state in the country and the second largest state in land mass. DTI: Your debt-to-income ratio helps the lender assess if you as a borrower would be able to afford your monthly payment. It shows the amount of debt you have in comparison to your income.

Earnest money deposit 115

Earnest money deposit Title Inspection Title search 115