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What Debt-to-Income Ratio Do You Need to Get Approved for a Mortgage?

Key Takeaways: Debt-to-income ratio helps lenders determine how much house you can afford. A lower DTI ratio is more appealing to lenders because it shows you have more financial flexibility and are less risky to lend to. Borrowers with high DTI ratios may have a harder time getting approved for a m
Spanberger’s Virginia housing agenda falls short on local pushback

New Virginia Gov. Abigail Spanberger’s first-year housing agenda delivered new money and new tools for affordable housing preservation, but it fell short on the package’s biggest supply-side proposal: a statewide push to allow multifamily housing by right in many commercially zoned areas. A pair of
Trump push on RON faces real-world limits

President Trump's executive order on mortgage credit calls on federal agencies to ease the path for eNotes, digital mortgages and remote notary, something lenders have been wrestling with for years.
Pamela Heman

Pamela Heman

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