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Calculations Before Applying for a Mortgage

30 Nov 2009

Before you even start looking for a mortgage you should determine how much debt you can manage. As with any other loan , when you shop for a mortgage, one of the principal areas a mortgage lender takes into consideration before approving a mortgage is the debt to income ratio (which affects your credit score).

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Tags: applying for a mortgage, buy, condo, debt to income ratio, home, house, Mortgage, real estate, real estate planning, realtor, sell

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