Mortgage home re financing debt consolidating
Our fees and mortgage rates are among the lowest you'll find – guaranteed.
Whether you're a first time home buyer, moving up to your dream home, refinancing, or consolidating debt, we'll examine every loan available to you – and match you to the one most beneficial to you.
How Can I find Out My Mortgage Score Before I Apply? This policy is only a temporary change until the housing market has recovered.
This policy change is due to the recent influx of consumers wishing to walk away their current home, in favor of more affordable housing.
Thanks to the new Qualified Mortgage rule, most mortgages have a maximum back-end DTI ratio of 43%.
Consumers wishing to purchase a mobile home as their primary and only residence can still enjoy down payments as low as 5%.
Our personal service is one of the reasons why REALTORS® both near and far have been sending their clients to us for years.
They count on us to provide their buyers with personal attention, the best loans and the lowest rates and fees available anywhere, and loan closings in 30 days or less.
Front-End and Back-End Debt-to-Income Ratios So in the above example, if your proposed monthly housing payment makes up ,000 of your ,500 in monthly liabilities, your front-end DTI ratio would be 20%, and your back-end DTI ratio would be 35%.
Many banks and lenders require both numbers to fall under a certain percentage, though the back-end DTI ratio is more important.