You Can't Buy a House If You Don't Understand This (FICO and DTI)

Next recommended video: https://youtube.com/live/Ge-M61YkWM0
Learn real estate for free: https://www.novariseinvest.com/webinar/
Join our newsletter: https://www.novariseinvest.com/novanews/

Lenders approve your mortgage by evaluating your relationship with money, and you can prove a good relationship through your FICO and DTI

🔗 MORE FOR YOU
Best real estate books: https://www.novariseinvest.com/recomm...
Services we use & recommend: https://www.novariseinvest.com/import...
Our merchandise: https://shop.novarise.com/
The team that created this video: https://www.novariseinvest.com/team/

⏰ TIMESTAMPS
00:00 Introduction: Mortgage Rejection Explained
00:16 Understanding Stable Income
01:26 Credit Reports and Their Importance
02:19 Improving Your Credit Score
03:34 Focus on the Middle Score
05:20 Breakdown of Credit Score Components
07:25 Debt-to-Income Ratio Explained
08:40 Minimum Payments vs. Actual Payments
10:21 Conclusion: Tips for Mortgage Approval

🧐 GOT QUESTIONS?
Visit our website: https://www.novariseinvest.com

💡 CONNECT WITH US
Instagram:   / novariseinvest  
Facebook:   / novariseinvest  
TikTok:   / novariseinvest  

📄 DISCLAIMER
DISCLAIMER: THIS VIDEO IS FOR INFORMATIONAL AND ILLUSTRATIONAL PURPOSES BASED ON THE INDIVIDUAL EXPERIENCES OF THE PRESENTER. EVERY SITUATION IS DIFFERENT AND YOUR RESULTS MAY DIFFER. YOU SHOULD ANALYZE THE RISKS ACCORDINGLY BEFORE PROCEEDING TO TAKE ACTION