Remove Debt-to-income ratio Remove Inspection contingency Remove Proof of funds
article thumbnail

How to Buy a House in 15 Steps: The Ultimate Guide

Redfin

Debt-to-income ratio (DTI) Another major factor that a lender will consider when approving your mortgage loan is your debt-to-income ratio (DTI). DTI is calculated by dividing total monthly debts by gross monthly income. What is a home inspection contingency? on your close date.