Real Estate Lingo: Debt-to-Income Ratio

Some important information to know when you are looking to finance your home 🏠

“The debt-to-income ratio is the percentage of your gross monthly income that goes to paying your monthly debt payments” 💵
Any questions? We have a group of very qualified mortgage brokers that can help you sort your finances in order for you to buy a home! Message us anytime!
📱 Connie:506-471-3281
📱 Deidre:506-471-9590
📱 Mary-Ellen:506-476-3066
May be an image of text that says "Real Estate Lingo Debt-To-Income Income Ri(n.) To- The ratio used by mortgage lenders to determine how much you can afford to pay monthly for a mortgage. DTI= Debt Expenses Monthly Housing Payment Gross Monthly Income ×100 kw CAPITAL"

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