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George Bittner

Real Estate Sales Agent Southern New Jersey

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How Lenders Decide Your Maximum Loan

Posted on September 24, 2019September 24, 2019 by gwbittner1
tips for buyers
Lenders Use Debt Ratios to Decide Your Maximum Loan
They look at the amount of money you earn each month, in relation to your recurring debts.  To calculate your DTI ratio, you would simply add up all of your monthly debt payments and divide them by your gross monthly income.
Posted in Videos For BuyersTagged debt to income ratio, lenders, maximum loan amount, mortgage
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GEORGE BITTNER REALTOR® #1224117
Cell: 856-425-8511
george@georgebittner.com

McHugh Realty
500 East Main Street
Maple Shade, New Jersey 08052 USA
Office: 856-779-7800
Residential and Commercial Real Estate

All commissions are negotiable

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