Many lenders look for a DTI of up to 43%. In fact, for a mortgage to be eligible to be guaranteed by Freddie Mac, Fannie Mae, FHA, the VA, or USDA, borrowers must have a monthly DTI of 43% or less.

Neil Surgenor leads TD Bank as a Physician Loan Specialist, ranking as the #22 largest mortgage producers in the United ...

Monroe isn’t just affordable – it’s a place where living on $1,200 monthly feels less like a mathematical impossibility and ...

Small-cap stocks can be incredibly lucrative investments because their lack of analyst coverage leads to frequent mispricings ...

With mortgage loans ranging up to 30 years, even small differences in your terms and interest rate can significantly impact your financials. Vault’s methodology outlines the essential factors ...

As a trusted personal finance writer and mortgage specialist, Maryalene LaPonsie has interviewed hundreds of certified financial planners, CPAs and wealth advisors, and distills their expertise ...

Medicaid provisions in Republicans’ reconciliation megabill would lead to between 8,000 and nearly 25,000 medically ...

FHA loans have less stringent financial requirements compared to conventional loans serviced by private mortgage lenders such as banks and credit unions. Because of this, FHA loans offer more ...

Conventional mortgage lenders and FHA mortgage lenders forbid the use of personal loans as a down payment for a home. If you were to take out a personal to use as a down payment, you'd be on the ...

You may also be able to look it up in the Mortgage Electronic Registration Systems database. This private company tracks data about loans and servicers and allows borrowers to look up a servicer ...

Personal loans have become one of the fastest growing debt categories in the U.S. thanks to their ease of use, quick funding and flexibility when it comes to how the money can be used. For ...