Sentences with phrase «mortgage debt metrics»

Not exact matches

Debt - to - income ratio, or DTI ratio, is one of those crucial financial metrics for mortgage lenders.

An important metric that your bank uses to calculate the amount of mortgage you can borrow is the DTI ratio, or simply put, the ratio of your total monthly debts (for example, your mortgage payments including property and tax payments) to your monthly pre-tax income.

For VA loans, this key mortgage industry metric looks at your monthly debts in relation to your overall monthly income.

Well, when qualifying folks for mortgage loans, banks underwrite two metrics: the Debt to Income Ratio (DTI) and the housing expense ratio.

An important metric that your bank uses to calculate the amount of mortgage you can borrow is the DTI ratio, or simply put, the ratio of your total monthly debts (for example, your mortgage payments including property and tax payments) to your monthly pre-tax income.