Crack the Code on Your Debt to Income Ratio for a Mortgage

Navigating the mortgage maze? 🏠💼 Your DTI is your compass! 🧭

It's the balance of your earnings 💰 vs. your debts 💳.

First-time homebuyers, aim for less than 45% for conventional loans and up to 55% for FHA! 🎯

Your income's not just your salary; bonuses, overtime, and rentals count too! 🤑 But remember, those car loans 🚗, student debts 🎓, and credit cards 🛍️ add up. Ready to unlock your dream home? 🔑🏡

#FinanceWithFoss #DTIDefined #HomebuyingHacks #MortgageMatters #IncomeInsights #DebtDynamics #FirstTimeBuyerTips #LoanLowdown #FinancialFitness #DreamHomeDecoded

📒 Show Notes and Resources 📒

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Looking at buying a house?
Schedule a FREE mortgage consultation with me:
✅ https://calendly.com/financewithfoss/mortgage-consultation-pre-qualification
✅ Apply at www.FinanceWithFoss.com!
✅ Start receiving FREE monthly buyer reports: https://hmbt.co/FpF8b4

Own a home? Or want to know what it's worth in detail? Maybe thought about refinancing?
✅ Begin receiving FREE monthly home digests: https://hmbt.co/CYDWCy

Are you currently in or anticipating a divorce and own a home? You will want to speak with a mortgage trained divorce specialist well before agreeing to anything in court.

Set up your FREE divorce mortgage consultation to know exactly how the mortgage will impact your divorce and what you can do about it:
✅ Schedule here: https://calendly.com/financewithfoss/divorce-mortgage-consultation

👉 REALTORS, WANT TO WORK TOGETHER OR LEARN MORE ABOUT VIDEO EDITING, SOCIAL MEDIA, BUSINESS GROWTH & MY OTHER AGENT CLASSES?
✅ I teach various types of classes to new & seasoned realtors (and teams) about how to grow your business with different social media platforms as well as editing tips. Schedule a one-on-one session with me!
👉Go to: https://calendly.com/financewithfoss/realtor-meeting