What is Debt-to-Income Ratio When You Buy a Home in Ellicott City?
When you buy a home in Ellicott City, Columbia, Catonsville or elsewhere, you'll most likely need a mortgage - and that means a lender will look at your debt-to-income ratio, or DTI. But what is debt-to-income ratio, and how will it affect your home purchase? What is Debt-to-Income Ratio When You Buy a Home in Ellicott City? Your debt-to-income ratio is the ratio of how