#debt ratios

[kentuckybats]

DTI) ratio requirements for different types of mortgage loans in Kentucky, including FHA, VA, USDA, Fannie Mae, and Kentucky Housing loans

Debt-to-Income (DTI) ratio requirements for ​Kentucky FHA, VA, USDA, and conventional mortgage loans

[gunnrblze]

Gun opinion on dti

I feel like you’re definitely not referring to a deep tissue injury, so you may have to elaborate

[mikansei]

i'm still thinkin abt @havanillas' roleswap ratio... i want his stoneheart gem to be lapis lazuli:

matches his color scheme (and is gorgeous 💙)

represents truth and enlightenment but is spangled with pyrite (fool's gold), which is thematically delightful to me

cn lapis lazuli 青金石 qīngjīnshí (blue gold stone) echoes cn aventurine 砂金石 shājīnshí (sand gold stone), which is linguistically delightful to me

obviously if penacony happens in this au he couldn't twin his stone with jade's, and sapphires are translucent while lapis isn't... maybe instead of breaking his cornerstone the plot friction there is he'd have to alter it to be translucent & remove the pyrite veins? but if sapphire were in jade's role i can't see him agreeing to be personally involved in tampering with a cornerstone

(if he were amethyst instead he could twin a lot easier with sugilite, but i don't like amethyst as much lol)

maybe he could be lazurite, the blue component of lapis lazuli without the pyrite. i could see him wanting to excise the "fool's gold" from the stone representing truth

and as much as i want him to have a cool boss form mirroring aven's, i have a feeling his cornerstone ability would be less visual & more like jade's - instead of reading people's desires, his lets him be a human lie detector

[terranatior]

Going to fucking throw up my interest kicked in on my care credit loan

[rossithepixie]

I'm actually so bad about people spending money on me. Growing up with a poor single parent and then another parent out of the house who was well enough off but a prideful penny pincher gave me weird issues. I will repair things until they can't be repaired anymore and get flustered about someone buying me a few shirts or somthing. (my roommate recently did this for me) And I can only imagine the time Aventurine would have with me. He knows what having nothing is like and he is determined to get me into the mindset that I deserve nice things, to him I deserve everything after all. It's his personal mission to spoil me rotten even if I protest the whole time and then begrudgingly admit that, yes, i really do like the things you've gotten me but the price tag attached makes me want to throw myself off a very tall object.

[rowanthestrange]

new tumblr premium option idea: pay them an extra quid a month to unlock a post edit button that will let you push an edit to reblogs of your post if it’s got less than a hundred notes.

[lyssitalennon]

when u have a mental breakdown at work because you'll never be able to own your own home and have children because everything is fucking expensive and everyone tells you to get over it

[indianexpalert]

How to calculate the interest coverage ratio

Why the interest coverage ratio matters A high ICR suggests that a company is generating enough earnings to comfortably meet its interest obligations, indicating strong financial health and lower risk of default. A low ICR can signal financial strain, as the company may struggle to pay interest, potentially leading to higher financial risk.

[newshare24]

Your debt to income ratio can get your mortgage application denied

Fotostorm | E+ | Getty Images If you need to get a mortgage to buy a house, make sure your finances are in order — especially your debt-to-income ratio. Your debt-to-income ratio is all your money debt payments divided by your gross monthly income. It’s the “number one way” lenders measure your ability to manage the monthly loan repayments, per the Consumer Financial Protection Bureau. The…

[canadianmoneytalk]

Video: Important Stock Metrics

The video is about analyzing #valueinvesting for #dividends and what #metrics I find most #important during #stockanalysis. I review the various #ratios, such as #P/E, #P/B, #Debt-to-Equity, #fairvalue and talk about the overall approach. The #CanadianMoneyTalk channel concentrates on #Canadianinvesting and #personalfinance in Canada. Visit: http://www.canadianmoneytalk.caThe Investing &…

[loantap]

How to Calculate Debt to Income Ratio for Better Financial Decisions

Your debt to income ratio plays a key role in your financial health. Learn how to calculate and improve it to secure loans and achieve your financial goals!

[well-educatedmillennial]

How to Use the Interest Coverage Ratio for Financial Analysis

I published a new article exploring the intricacies of the Interest Coverage Ratio—a vital tool for assessing a company's financial health and its ability to meet debt obligations. Give it a read to enhance your understanding of financial analysis!

Among the myriad of financial metrics used to assess a company’s fiscal well-being, the Interest Coverage Ratio stands out as a fundamental indicator. This ratio sheds light on how comfortably a company can pay interest on its outstanding debt, offering insights into its operational efficiency and financial stability. This article delves into the intricacies of the Interest Coverage…

[reitmonero]

How to Qualify for a Home Equity Loan: What You Need to Know

A home equity loan can be a powerful financial tool, allowing you to borrow against the value of your home. Understanding the qualification process is crucial to ensure you meet the requirements and secure the loan you need. Here’s a step-by-step guide to help you navigate the process.

1. Understand What a Home Equity Loan Is

A home equity loan allows you to borrow a lump sum of money by using your home as collateral. The amount you can borrow depends on the equity you have in your home—essentially the difference between your home’s market value and what you owe on your mortgage.

2. Check Your Credit Score

Your credit score plays a significant role in qualifying for a home equity loan. Lenders typically look for a good to excellent credit score. Generally, a score of 620 or higher is needed, but a higher score improves your chances of approval and can help you secure better interest rates.

3. Evaluate Your Home’s Equity

To determine how much you can borrow, assess your home’s equity. This involves calculating the difference between your home’s current market value and the remaining balance on your mortgage.

Current Market Value: You can estimate this by comparing recent sales of similar homes in your area or getting a professional appraisal.

Remaining Mortgage Balance: Check your mortgage statement for the exact amount.

4. Determine Your Debt-to-Income Ratio

Lenders use your debt-to-income (DTI) ratio to assess your ability to repay the loan. This ratio compares your monthly debt payments to your monthly income. Generally, a lower DTI ratio indicates a better chance of approval. Aim to keep your DTI ratio below 43%, though different lenders may have varying requirements.

5. Prepare Your Documentation

Gathering the right documents is essential. Commonly required documents include:

Proof of income (pay stubs, tax returns)

Recent mortgage statements

Proof of home ownership (deed)

Credit report

6. Consider Your Home’s Condition

Lenders may also assess the condition of your home. A well-maintained home with no significant repairs needed is more likely to qualify for a loan. Address any major issues before applying if possible.

7. Shop Around for Lenders

Different lenders offer varying terms and interest rates. Compare offers from multiple lenders to find the best deal for you. Look for competitive interest rates, reasonable fees, and favorable loan terms.

8. Apply for the Loan

Once you’ve chosen a lender, complete the application process. You’ll need to submit your documentation and possibly undergo a home appraisal. The lender will review your application, assess your creditworthiness, and determine the loan amount and terms.

9. Review and Close the Loan

If approved, review the loan terms carefully before signing. Ensure you understand the interest rate, repayment schedule, and any associated fees. Once you agree to the terms, you’ll close the loan and receive the funds.

Final Thoughts

Qualifying for a home equity loan involves a combination of factors, including your credit score, home equity, and financial stability. By understanding the process and preparing adequately, you can increase your chances of securing a loan that meets your needs.

[bicxoseo]

Expand your financial knowledge with BiCXO! This week's term: Debt-to-Equity Ratio

Visit our website by clicking on the Image above.

[rodgermalcolmmitchell]

A Libertarian tells "the truth" about federal debt.

What follows is an article by a Libertarian, interspersed with a few whiffs of reality. The national debt is over $34 trillion. It’s time to tell the truth about the U.S. government’s finances Story by Libertarian Alvaro Vargas Llosa Yes, Mr. Vargas Llosa, it is time to tell the truth about government finances. Some might say, “Well, past time. Sadly, your article does not do it. The purpose of…