Welcome back. It is another day and another reason why people are denied a mortgage. It can be because of their debt to income ratio. Let me explain. Debt to income ratio is the percentage of your monthly gross income that goes towards your monthly debt payments. Most lenders want to see that you are […]
Hello everyone, Welcome back to more information. We have covered the first two reason and now we are ready for the third. Another reason that people are declined is because of the equity on the property. The amount that a bank is willing to loan on your property depends on how much the property is […]
