What is the Debt to Income Ratio?
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- čas přidán 20. 08. 2024
- The debt to income ratio helps determine if a homebuyer is qualified for a home loan. This information is useful to know if you're a real estate agent because it gives you insight on your client's finances and whether they qualify for a given home.
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In this video, Robert Rico shows you how to calculate the debt to income ratio given your client's income and monthly debt. For more information on types of home loans available for clients, check out the links below.
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Thanks for watching! If you want to Robert to cover a specific topic in real estate, leave a comment in the comments below.
✅ 🎓💯Make studying for the real estate exam EASY: bit.ly/46L59T9
I like your style of talking, entertaining and informative also
I appreciate that! Glad you were able to learn something here.
Using the big round numbers made it nice and easy to follow. Great video
Thanks, Robert! Share this video with someone who you think would find it helpful. Doing so, helps us grow the channel to produce more videos like this one!
Great video
Thanks for watching, C Dubz! We're happy you enjoyed it. If you have a moment, please like the video, subscribe to the channel, and hit the bell icon. That's the best way to get notified when we release a new video. It also helps us grow as a channel so we can continue to produce helpful content like the video you just watched. Thanks again and we hope to hear from you again!
thumbs up ! thanks
Thanks for watching! I'm glad you were able to find the channel and got a lot of information from this video. Don't forget to like and subscribe and I'll catch you on the next one.
thanks! enjoyed
Thanks glad you enjoyed it!
Can you guys make a playlist with all these episodes? I have to click on one and then go back and scroll and find the other one it is hard to keep playing in the background.
Hey, ACIDLOL. We do have that playlist! Here's the link: czcams.com/play/PLxWG5-zzA_BR0Qc2MJbWNdvLb9dpIvZOs.html
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So it’s not how much their TOTAL debt it, but it’s how much MONTHLY you are paying on the debt?
I thought it was total debt as well (house payment, car payment, student loans, credit cards - only their minimum payments, etc.).....