Work on Debt-to-Income Ratio for Best Mortgage Rates

July 25, 2014

When taking out a loan like a mortgage, your potential lender wants to know how much you currently owe versus how much you make. To increase your chances of securing the best rate possible, it is wise to pay off as much debt as possible beforehand. Having less debt on your hands makes you a more desirable candidate. Image via flickr/Alan Cleaver Continue to original source.

By clicking submit, I authorize Insureshack and its affiliated companies to: (1) use, sell, and share my information for marketing purposes, including cross-context behavioral advertising, as described in our Terms of Service and Privacy Policy, (2) supplement the information that I provide with additional information lawfully obtained from other sources, like demographic data from public sources, interests inferred from web page views, or other data relevant to what might interest me, like past purchase or location data, (3) contact me or enable others to contact me by email with offers for goods and services from any category at the email address provided, and (4) retain my information while I am engaging with marketing messages that I receive and for a reasonable amount of time thereafter. I understand I can opt out at any time through an email that I receive, or by clicking here.