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Buying a Home, Mortgages, Maryland Real Estate, Affordable Housing, Delaware Real Estate

Your Mortgage to Income Ratio (and How it Benefits You?)

Buying a home or condo is an exciting part in anyone's life. One important step in many buying processes is getting a mortgage loan. Understanding your mortgage to income ratio is particularly useful and your mortgage payment is an important monthly expense.

In this post, I'll explain how you can easily calculate your mortgage to income ratio and use it to prepare for buying a home.

Michael Nolen, Realtor®
By Michael Nolen, Realtor®
on April 4, 2019 at 11:39 AM
   
Your Mortgage to Income Ratio (and How it Benefits You?)

Buying a home or condo is an exciting part in anyone's life. One important step in many buying processes is getting a...

Michael Nolen, Realtor®
By Michael Nolen, Realtor®
on April 4, 2019 at 11:39 AM
How Rising Interest Rates Impact Home Buying Power?

Interest rates today are much lower compared to rates before the collapse of the US housing market when a good rate was...

Michael Nolen, Realtor®
By Michael Nolen, Realtor®
on May 2, 2018 at 11:52 AM
5 Things to Know for Condo Financing in Ocean City, MD

Many buyers need a mortgage to buy a home or condo in the Ocean City, MD real estate market. For those that aren't able to...

Michael Nolen, Realtor®
By Michael Nolen, Realtor®
on October 26, 2017 at 11:33 AM
How Much Mortgage Can I Afford (with a $1,200 Payment)

Before selling real estate for a living, I helped client's with mortgage loans and later helped homeowners find alternatives...

Michael Nolen, Realtor®
By Michael Nolen, Realtor®
on July 1, 2017 at 9:00 AM
5 Mortgages for Buying Ocean Pines, MD Real Estate You Should Know!

Did you know it’s simple to find out if you qualify? Put your assumptions aside and call a local mortgage lender. It may be...

Michael Nolen, Realtor®
By Michael Nolen, Realtor®
on November 2, 2016 at 12:47 PM

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