What Does Ability To Repay Mean?

  What are the “Ability to repay” rules about? In a nutshell, as this video shows, new laws require lenders to make a good-faith assessment of a borrower’s capacity to pay back their loan over time. It’s a longer-term view that goes beyond immediate income, debt...

What Is The Debt-To-Income Ratio (DTI)?

What is the Debt-to-Income Ratio? Can you afford to buy a house? Check out this short video to see how they decide if you might qualify for a mortgage!   We close many loans in Port Charlotte, Punta Gorda and North Port, FL. Measuring your existing debts against...