The Role of Debt-to-Income Ratio in Conventional Loan Eligibility
When applying for a conventional loan, one of the crucial factors that lenders evaluate is the debt-to-income ratio DTI. The DTI ratio plays a significant role in determining an applicant’s eligibility for a conventional loan, as it provides insights into their financial stability and ability to manage additional debt responsibly. Understanding the significance of the DTI ratio can greatly improve one’s chances of securing a […]