Articles on: Applying with Beeline

What is ‘debt-to-income ratio’?

Your debt-to-income ratio (DTI) is all your monthly debt payments divided by your gross monthly income. This number is one way lenders measure your ability to manage the monthly payments to repay the money you plan to borrow. Debts such as housing expenses (mortgage, taxes, insurance, HOA, rent), credit card payments, loan payments or any revolving monthly debt that would show up on a credit report are factored into this calculation. Household utilities are not included.

If you're financing an investment property, we have loan options like DSCR loans that do not look at your DTI to qualify you. Talk to a Loan Guide about options that work for you!

Updated on: 06/06/2023