Good News!!!

Louis Rinn Louis Rinn

Louis Rinn

Real Estate Wealth Advisor and proud member of the Mark 1 Wealth Academy. at Mark 1 Mortgage.

发布日期: 2017年7月26日
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WITHOUT looking at the answer :) Can you guess what the number 1 reason that borrowers get turned down for a mortgage?

Their debt to income ratio is too high

BUT, this guideline is changing on July 29th from 45% to 50%. For example, let’s say you have $10,000 in monthly income. You used to only be able to borrow up to $4500 in total monthly debt payments. As of July 29th, you can borrow up to $5000.00. I am so excited because this is going to help a lot more people become homeowners!!!!

I love my job.

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