Tejas Realty Group’s Post

Wondering what DTI ranking is and why it matters in real estate? Debt-to-Income (DTI) Ratio: This crucial metric measures your total monthly debt payments against your gross monthly income. Lenders use it to assess your ability to manage monthly payments and repay debts. What It Means: Low DTI: Indicates strong financial health, making it easier to qualify for loans. High DTI: May signal potential financial strain, potentially affecting loan approval. Understanding your DTI can help you prepare better and secure favorable mortgage terms! #RealEstateTips #FinancialHealth #HomeBuying #MortgageAdvice #DTIRanking

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