We figure what your debt to income maximum payments can be, then apply them to standardized ratios.
It all goes through the Fannie Mae or Freddie Mac computer systems to determine sale-ability to the secondary market.
They take into account income, assets, credit, appraisal, property type and other factors to garner the approval.
Debt to Income Ratio.
My financial manager could help you get preapproved. Email me if your interested. Then we can go look at houses which is the best part other then picking your home that fits your needs!
Weichert Realtors Media
267 968 1505