5 Ways Houston First time home buyers can Lower their Debt-to-Income Ratio

Buying a home have certain financial requirement and your debt-to-income ratio is a part of that requirement. If your DTI is out of range, here are 5 steps you can take to get it within the required range.

1. Call companies holding your high interest loans and try to negotiate lower rate.

2. Add additional income stream.

3. Pay off debts.

4. Cut back on none essentials.

5. If you are unable to negotiate lower interest, set goals to pay off high interest loans first.

As always, thank you so much for stopping by. Until next time…Diana