The #1 Thing Every First-Time Homebuyer Needs to Know: The Debt to Income Rule

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  • Опубліковано 15 вер 2024

КОМЕНТАРІ • 25

  • @russlea6383
    @russlea6383 Рік тому +2

    Thanks for caring more about our own money than some of us actually do. ;)

  • @billredding2000
    @billredding2000 Рік тому +2

    As mentioned earlier, I'm presently in TX for the next 2.5-3 years, mainly because of the overpriced housing market in CO (specifically, even "cheaper" Colorado Springs -- compared to Denver or worse, Boulder), but the most pressing factor is the high mortgage interest rates. So while here in TX will be working on my DTI Ratio and building at least some cash assets, so by late 2025/early 2026, I'll be in the best "mortgage-pre-qualifying-position" possible. The only thing that will be a limiting factor will be my income -- but at least it won't be $$-drains such as CC debt or auto loans.
    -- BR

    • @JenniferBeeston
      @JenniferBeeston  Рік тому +1

      Hi Bill, Sounds like you are getting everything ready to go which is great!

  • @oliveb6318
    @oliveb6318 Рік тому +2

    Thank you so much for posting this. I was talking about this last night and I didn’t anyone of my friends to explain it to me.

  • @noe6499
    @noe6499 Рік тому +2

    Sandy did a great job explaining this to me 😊

    • @JenniferBeeston
      @JenniferBeeston  Рік тому +1

      I am glad to hear that:) Sandy brings me so much joy

  • @TheItachai
    @TheItachai Рік тому +2

    Are you reading emails between me and Krissy 😂😂😂 another banger video!

    • @JenniferBeeston
      @JenniferBeeston  Рік тому +1

      I was not but I am calling Krissy now to see what I am missing

    • @TheItachai
      @TheItachai Рік тому

      @@JenniferBeeston 😂😂

  • @tamwolf20
    @tamwolf20 Рік тому +1

    I know that state can definitely affect the D2E I am wanting to move to the WA/OR border.

  • @thomasjohnson8181
    @thomasjohnson8181 Рік тому +2

    I am a vet and want to move back home to be with my family, I have cancer,[ which is the reason for the move] but I'm on disability and get a V A pension plus a pension from a job I worked at for 16 yrs, but with all the info your putting out I just don't see me being able to do anything, even with my V A loan where do I go?

    • @JenniferBeeston
      @JenniferBeeston  Рік тому

      Lets chat before you rule yourself out of a home. We can gross up disability and your pension. Give me a call 707-478-0637

    • @thomasjohnson8181
      @thomasjohnson8181 Рік тому +1

      @@JenniferBeeston I have a phone call from one of your agents, MS Anderson set for today, but with no real assets I don't think just the V A loan guarantee I would have a hard time finding one near my family out in the country with some land, but I'll keep praying for a miracle, but God bless you for your positive attitude.

    • @JenniferBeeston
      @JenniferBeeston  Рік тому

      We just need the seller to pay closing costs.

  • @mikeh66
    @mikeh66 Рік тому +1

    I'm considering moving to Nevada! 😉

    • @JenniferBeeston
      @JenniferBeeston  Рік тому

      Half my team moved from CA to NV and I have heard zero complaints

  • @etheljoyvillamayor4
    @etheljoyvillamayor4 Місяць тому +1

    I’m working as a nurse since 2017. But currently I have 2 jobs, my perdiem i started 2020. My FT i started May of 2023. Do i need to wait on May 2025 to have that 2yrs requirement for a stable job?

    • @JenniferBeeston
      @JenniferBeeston  Місяць тому +1

      If you have a full time job as your primary I can use that immediately. If you want to use both I need a 2 year history of two jobs

    • @etheljoyvillamayor4
      @etheljoyvillamayor4 Місяць тому

      @@JenniferBeeston thank you!

  • @ihama99
    @ihama99 Рік тому +1

    Is student loan part of debt to income ??

  • @stoicdarwin
    @stoicdarwin Рік тому +1

    7:16 Commenting for Capt. America ... Language!