Tag: Mortgage approval

According to the Consumer Financial Protection Bureau, a lower debt-to-income (DTI) ratio signifies a healthier financial profile to lenders. So, what does the abbreviation DTI stand for, and why is this metric a major factor in lending decisions, from mortgages to credit cards?

According to industry data, having an Agreement in Principle (AIP) can make you a more serious and attractive prospect to sellers and estate agents. Knowing what are the next steps after AIP is crucial for maintaining momentum and successfully navigating the complex path to securing your new home.