When it comes to buying a home, lenders look more closely at your income than your assets.
Income is important because that is what pays the bills.
Debt is not necessarily bad as long as you have enough income to pay the bills with a little left over.
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That’s why your debt-to-income (DTI) ratio matters—it shows how comfortably you can manage a mortgage payment.
A strong DTI can make all the difference in getting approved.
Need a trusted lender who can walk you through it? I can connect you!
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