Thinking About Refinancing Your Investment Property? Read This
If you own an investment property, you already know that getting a mortgage for this type of property is different than a refi of a primary home. If you recall, the qualifying requirements for getting an investment load are more stringent than a primary home loan. Let's take a look at everything you need to know about refinancing an investment property. Why Refinance Your Investment Property? Owning a second property comes with costs, and some may feel that these additional c
What is DTI and How It Affects Your Mortgage Application
Ever wonder why it's essential to keep your debt in check when applying for a mortgage or what debt matters to your approval? This article will help you answer these fundamental questions so that you're in a great position to get approved for a home loan. All About Debt-To-Income Ratio (DTI) Your debt-to-income ratio (DTI) is one of the most critical metrics lenders use to determine how much home you afford because it directly influences the monthly payment you can qualify fo
