VNV Realty

If your current DTI doesn’t qualify you for a home loan, there are steps you can take to improve your ratio: 1. Pay down or pay off your debt: The lower your monthly debt payments are, the lower your DTI will be, which will improve your chances of qualifying for a loan. 2. Increase your income: Raising your income by even just a little bit each month can also help reduce your DTI. Consider taking on a side gig or asking for a raise to bump your pay up a bit.... 3. Add a co-borrower: Having another person such as a family member, spouse, partner, or other trusted friend apply for the loan with you can also help. Instead of just looking at one income, the lender might take into account both of your salaries. This could lower your DTI and boost your chances of qualifying. Improving your DTI can also qualify you for better terms and interest rates, so consider working on your ratio before applying for your loan. See previous post on how to calculate your DTI #realestate101 #firsttimehomebuyer #househunting #realestate #realtor #realestateagent #home #property #investment #realtorlife #business #homesweethome

Your debt-to-income ratio (DTI) is all your monthly debt payments divided by your gross monthly income. This number is one way lenders measure your ability to secure and manage a home loan. If you’re thinking of buying a home now, or in the near future, I can help! Reach out to me for more information on DTI and much more in regards to Real Estate #realestate101 #firsttimehomebuyer #househunting #realestate #realtor #realestateagent #home #property #investment #realtorlife #business #homesweethome

Good evening! Here is a quick update on sales from February in some surrounding cities. If you’re curious about your neighborhood trends and want more information on buying/selling a home, I’m here to help

Shout out to C21 Realty Masters! Our Norwalk office was recognized as #2 of 500 in the Greater Downey Association of Realtors! I am proud to be a part of such a hard working group of professionals and look forward to adding my spark to their fire!