Tag Archive for: debt-to-income ratio

Top 3 Guidelines to Decide Your Next Mortgage Payment

One of the questions I often hear from my clients is, How much house can I afford on my current salary? It’s a wise question, especially for homebuyers who want to build wealth and financial stability. When it comes down to it, every homebuyer wants a mortgage payment that fits their budget, their lifestyle, and […]

Get Approved for an FHA Mortgage with 3.5% Down

An FHA home loan is one of the best options for new homeowners and first-time homebuyers. FHA mortgages have more flexible requirements for approval and offer some of the lowest mortgage rates available. With an FHA loan, you can get approved with a lower down payment and an imperfect credit history. FHA loans are government-backed […]

Buy a Home in 2022 and Get Your Best Mortgage

Buying a new home or refinancing your mortgage can put you on the right track toward building wealth and a secure financial future. So it makes sense to put some effort toward getting the best mortgage you can. Searching for low rates is where most homebuyers begin. These next steps will help you get the […]

Financing an Investment Property, Part 2

How do I finance an investment property for the first time? Last week I offered a 5 step blueprint to help answer this question. Mortgage rates are still low and a lot of homeowners want to know the best way to access capital to expand their real estate portfolio. What’s more, new legislation in California […]

How Much House Can I Afford Right Now?

One of the top questions I hear from clients is, “How much house can I afford right now based on my salary?” Usually, they tell me what they make and want to know how much house they can afford based on that criteria. But salary is only one part of the equation. To figure out […]