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Recent Articles

Feb
15
2023
What's the Max Debt-to-Income (DTI) Ratio for a Mortgage?
Debt-to-income (DTI) ratio determines what mortgage you’re eligible for. So before getting pre-approved, your mortgage advisor will review your income and debts to help you understand where you currently stand.  In this article, we’re going to look at what a...
Feb
14
2023
Benefits To Investing in Commercial Real Estate in the Washington DC Area
Washington DC is one of the prime locations for investing in commercial real estate. As the capital of the U.S., DC is a hub of political, cultural, and economic activity, making it an attractive location for investors. Whether you are a seasoned pro or a newbie in commercial real estate...
Feb
10
2023
D.C. Area Self Employed Mortgage Qualifications Explained
The mortgage application process can be tricky for self-employed borrowers because they require more paperwork than W-2 employees. When applying for a loan, your lender will check your credit history, assets, how much debt you owe, and your capacity to repay the mortgage. Lenders...
Feb
09
2023
Types of Alternative Income That Can Help You Qualify for a Loan in Virginia
Are you in a pickle because you’ve found your dream home in Virginia but do not have enough monthly household income to qualify for a mortgage? Don’t worry since there are ways to boost your monthly income by enough to help you qualify for the mortgage you need. However, keep...
Feb
08
2023
Should You Close Credit Cards Before Applying for a Mortgage?
If you have a $0 balance card, should you close it before applying for a mortgage? That’s a good question, but before you consider canceling your credit card account, it’s crucial that you know the potential drawbacks associated with closing an account.  For...
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