To a large extent, the decision to buy a home is an emotional one. Life events, like getting married, having children or landing a dream job are exciting times and often lead to serious consideration of buying a home. The National Housing Survey released quarterly by Fannie Mae suggests that this is not uncommon […]
How Much Can I Qualify For?
Last updated: January 8, 2014 at 16:39 pm
How much a borrower can qualify for when buying a home in Bend, Oregon is primarily determined by the debt-to-income (DTI) ratio and the loan program used to finance the home purchase. DTI ratio is a measurement, expressed as a percentage, of your eligible gross income that goes towards paying the housing principal, interest, taxes […]
