Tag Archives: Debt To Income Ratio

What is my debt to income ratio?

Posted on August 11, 2010 by admin

♥ Mary ♥ asked: I have an income of $1497 a month and pay $225 for a home equity loan. (That’s it, no mortgage, no auto loan and no credit cards.) What is my debt to income ratio?Jean

Posted in Credit | Tagged , , , , , , | 4 Comments

Do You Qualify for a Home Equity Loan?

Posted on July 6, 2010 by admin

Carrie Reeder asked: When you apply for a home equity loan, lenders consider your creditworthiness when deciding whether or not to extend a loan. Your creditworthiness is assessed based on three things: credit history, income, and loan-to-value ratio.Credit HistoryAs with … Continue reading →

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I want to refinance my home and combine my mortgage and equity line. ?

Posted on April 10, 2009 by admin

aglaia asked: My credit score is 680. I was told my debt to income ratio is high. Will my credit score increase and will it be better for me if I pay off these debts showing on my account by … Continue reading →

Posted in Renting & Real Estate | Tagged , , , , , , , , , | 5 Comments