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The Title Search Process

When you receive the keys to your new home, you may already have an idea about the work that goes into a successful closing.  However, few new homeowners recognize the efforts involved in searching and underwriting a title insurance policy – one part of your...

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)?

  Measuring your existing debts against your existing income is one part of a lender’s required assessment of your ability to repay a loan. Like the video says:  debts are existing financial commitments; a car payment is a debt a grocery bill is not. To calculate...