Most financial planners would caution against living on credit cards, especially when carrying high amounts of debt and purchasing items that are not necessities.
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If you have ever applied for a home loan, then you may be a little bit familiar with a term called DTI, or debt to income ratio. If you have not, and ...
The developers of the Wealth-Builder (WB), Edward Pinto and Stephen Oliner of the American Enterprise Institute view the 30-year mortgage that today dominates the market as badly flawed.
Remember that there are hundreds of loan programs available in today's lending market, and each has different guidelines. So, don't be discouraged if your dream home seems out of reach.
You've decided to buy a house, and you need financing. Even if you have good credit, you should keep your finances shipshape until closing so that lenders won't think twice.
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