Resource Video: Buyer Edition

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Your debt-to-income ratio is one way that lenders measure your ability to manage the monthly payments you’ll need to make to repay the money they intend to lend you.

This informational video provides key points on how this ratio is calculated. Your Wisconsin Mortgage Corporation Loan Officer will use this ratio to help determine whether or not you will have a good ability to repay the loan. They of course take many other factors into consideration, but this would be one of them.

Buying and selling a home does not need to be complicated! Whether you are a first-time buyer or selling your existing home, we have gathered the most frequently asked questions and created easy to understand videos. These resource videos cover topics such home warranties, typical closing costs for sellers, understanding seller disclosures, home staging, tips for first time home buyers, choosing a 15 or 30-year mortgage and more! Check back regularly for your video resource on all home related topics! #ShorewestRealtors #ShorewestFamily #ResourceVideos

Tags: Debt, Home, Income, Loan, Mortgage. Wisconsin Mortgage Corporation Loan Officer, Ratio, Resource Videos, shorewest family, Shorewest Realtors

Categories: First Time Home Buyers, Home Buying, Homeowner, How to, Mortgage, Real Estate Tips, Shorewest Tips