How Much Home Can I Afford? Calculating Debt to Income Ratios

Saturday, May 24th, 2008

When calculating how much home you can afford to buy, lenders use debt to income ratios (DTI) to determine how much you can safely borrow. There are two ratios used; front and back end ratios. The front end ratio is a measurement of just the total monthly house obligations. ...

Top 6 Incentives for Home Sellers

Saturday, May 3rd, 2008

To frustrated home owners trying to sell their homes in this market, it seems like the market continues to worsen daily as they are subjected to an endless media barrage of gloom and doom. These owners already know there's a glut of properties on the market this spring. ...

FHA Loan – Debt to Income Ratios

Sunday, April 27th, 2008

With lax lending practices during the past decade, FHA loans became almost non-existent. Those times have come to a screeching halt and as the mortgage melt-down continues and conventional loan programs continue to be eliminated, borrowers are turning more and more to FHA loans since they are practically the ...