Summary:

In this episode, we will be talking about How Credit Scores impact your Debt to Income Ratio. We will also discuss some of the General rules when it comes FHA, Conventional Loans, and VA. And how does the Debt to income ratio helps determine whether you qualify for a loan?

Timestamps

(1:15.000) What you need to know about Debt to Income Ratio

(1:34.500) Your situation is unique to you

(3:57.000) How to Calculate Debt to income for FHA loan

(6:51.000) Mortgage Companies Underwriting Approval system 

(9:37.000) Importance of Good Credit Score

(10:25.300) Compensating factors for FHA  

(12:24.000) Qualifying vs. Eligibility for VA

(14:26.300) Is Conventional loan Stricter that VA and FHA?

(15:15.100) Tips on How to Get a Good Credit score?

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