Welcome
Login / Register

Residual Income vs. DTI: What Are The Differences?

Thanks! Share it with your friends!

URL

You disliked this video. Thanks for the feedback!

Sorry, only registred users can create playlists.
URL


Added Income
40 Views
Description

We've talked about it before (), but knowing how much of a mortgage payment you can afford is really important before you buy a house.

Two of the most important numbers you need to look at include your debt to income ratio (DTI) and your residual income. In this video, Eric Kandell, our CEO, explains what these are, why they're important, how they're calculated, and how they affect your application for a mortgage.

Eric even crunches some example numbers to give you an idea of how both calculations can be used together, especially since DTI isn't always a hard-and-fast rule.

=====================

Here at Low VA Rates, our name is our promise, and we back it up with cold, hard cash. Right now, get $250 if we can’t beat another lender’s rate.

Give us a call today! 844-326-3305
Not ready to call? Text us! 385-257-3266

=====================

Like, subscribe, and follow us to stay connected with the latest VA home loan info.

YouTube -
Facebook -
Instagram -
Twitter -
Pinterest -

This video is not intended for residents or homeowners in the states of WA, NY or MA.

Low VA Rates NMLS# 1109426

Post your comment