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Getting ready to buy a home!
Generally, in order to qualify for a home loan, you have to have good credit, a history of paying your bills on time, and a maximum debt-to-income ratio of 43%.
Get your credit score and take the necessary steps to repair your credit if needed.
To calculate your DTI ratio, divide your total recurring monthly debt by your gross monthly income.
$monthly debt / $gross monthly income = result X 100 = DTI%.
Check out our exclusive property listings to find your dream home.
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