One major factor lenders consider when reviewing your mortgage application is your debt-to-income ratio (DTI). Essentially, how much of your paycheck goes toward paying down debts. A lower DTI tells ...

Before approving you for new credit, lenders will likely first look at your credit report, your credit score and something called your debt-to-income ratio — commonly referred to as DTI. While all ...

Your debt-to-income (DTI) ratio is a crucial factor lenders consider when evaluating your mortgage application. This number compares your monthly debt payments to your gross monthly income, providing ...