What is a Qualified Mortgage?

What is a Qualified Mortgage? There are Qualified Mortgages and unqualified Mortgages. “A Qualified Mortgage is a category of loans that have certain, more stable features that help make it more likely that you’ll be able to afford your loan.” states the Consumer Financial Protection Bureau. A Qualified Mortgage is […]

What is a Qualified Mortgage?

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What is Debt to Income Ratio? What is Debt to Income ratio? Debt to Income Ratio is the ratio that defines your net worth. Net Worth is the number that combines all your liquid and non-liquid assets together and subtracts your debt. Your Debt should be less than your assets. […]

What is Debt to Income Ratio?

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