Everything you ever needed to know about the loan process. From start to finish, this process usually takes 5 weeks or more, depending on how complex your situation is and how long it takes to get under contract. If you have your financial ducks in a row and you’re…
What is DTI? Debt-to-Income ratio. It means a lot when you are trying to qualify for a home loan! The amount of your monthly debt obligation (credit cards, auto loans, student loans, child support, etc.) is divided by the amount of your gross monthly income (prior to any deductions), which…
How much money can I take out on my refi? Like a lot of things in the mortgage world, that depends on your credit score and other specifics regarding your unique scenario. Most programs allow up to 80% or 90%, though we do have access to a niche program allowing…