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Debt-to-Income Ratio for Home Purchase: What You Need to Know | #real estate

Debt-to-Income Ratio for Home Purchase: What You Need to Know

Debt-to-Income Ratio for Home Purchase: What You Need to Know

When you're planning to buy a home, one term you'll often hear from lenders is your Debt-to-Income (DTI) ratio. Understanding this number is crucial because it plays a major role in whether or not you get approved for a mortgage—and how much you can borrow.

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