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DO YOU THINK THAT LOW CREDIT SCORES ARE THE NO. 1 REASON AMERICANS GET DENIED A MORTGAGE?

DO YOU THINK THAT LOW CREDIT SCORES ARE THE NO. 1 REASON AMERICANS GET DENIED A MORTGAGE?

by Barbara Corregano | Jan 13, 2022 | Housing Market Updates, Low Credit Scores, Mortgage Rates

Mortgage rates remain near historic lows but will probably rise in 2021. But even with a mortgage rate in the 3% range, there are traps to be avoided if you want a mortgage at all. Primary among these traps is the debt-to-income ratio (DTI). A recent study by...

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