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Mortgage Professor about debt to income: | |||||||||||||||||||||||
Qualifying For a Mortgage
December 12, 2000 Most potential borrowers are nervous about getting a mortgage loan because they share a widespread misperception: the misperception is that they have no bargaining power relative to lenders, and therefore must approach them ... more... Housing Affordability: Why the Differences? January 4, 1999 "My financial planner said I could afford to spend $250,000 for a house, my real estate broker said $280,000 and a calculator I found on the internet said $295,000. How come these large differences?" The affordability calculation is fairly complex ... more... |
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debt to income related definitions |
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Debt To Income Ratio
Debt To Income Ratio The ratio, expressed as a percentage, which results when a borrower's monthly payment obligation on long-term debts is divided by his or her gross monthly income. Equal Credit Act Debt ... more... Equal Credit Oportunity Act Equal Credit Oportunity Act (ECOA) Is a federal law that requires lenders and other creditors to make credit equally available without discrimination based on race, color, religion, national origin, age, sex, marital status or receipt of income from public assistance programs. ... more... |
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More about debt to income From Debt to Financial Freedom Debt and Debtor's Disease - Do You Have It? Mortgage-Refinance Loan Measurment 101 -- Evaluate Your Own Ability to Pay Buying a House? How Much Home Can You Afford? How to Figure Debt to Income Ratio Debt Consolidation for Self Employed Innovative Handling of Overgrowing Debts How To Bankrupt Your Student Loans New Credit Advice: Don't Pay off Those Credit Cards! Your Debt To Income Ratio Still Using Federal Reserve Notes?(How to Beat Inflation)
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