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| Debt To Income Ratio in Hilton Head South Carolina, SC Hilton Head South Carolina Homepage: Real Estate Homepage |
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The lender considers your debt-to-income ratio, which is a comparison of your gross (pre-tax) income to housing and non-housing expenses. Non-housing expenses include such long-term debts as car or student loan payments, alimony, or child support. According to the FHA,monthly mortgage payments should be no more than 29% of gross income, while the mortgage payment, combined with non-housing expenses, 4 should total no more than 41% of income. The lender also considers cash available for down payment and closing costs, credit history, etc. when determining your maximum loan amount.
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HILTON HEAD REAL ESTATE | 3 Executive Park Rd
29928 | 843 422 5234 |
daniel@danielmoskowitzrealty.com

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The real estate data on this web site comes, in part, from the Listing Exchange program
of the Multiple Listing Service of Hilton Head Island.
Real estate listings held by brokerage firms other than Daniel Moskowitz are indicated with the Listing Exchange logo and the detailed information about those properties includes the names of the listing brokers.
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