March 2020

Found 1 blog entry for March 2020.

What is a Debt-to-Income Ratio and How Does it Affect Me?When it comes to buying a West Edmonton home, hopeful owners are often asked to step outside their comfort zone. Maybe they're forced to look in different neighborhoods than they would have originally considered or to settle for a home with a smaller kitchen than they wanted. Beyond these compromises though, there are also complications that will affect the buyer's finances. Learn more about the debt-to-income (DTI) ratio and how lenders use it to decide on potential candidates.

For informational purposes only. Always consult with an attorney, tax, or financial advisor before proceeding with any real estate transaction.

One Number of Many

Buyers are understandably confused when it comes to how lenders assess them. If everyone's focused on the

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