Scottish Mortgage Podcast

First-Time Home Buying: Understanding Affordability, Mortgages & Debt-to-Income Ratio

August 22, 2023 Tony Flynn
First-Time Home Buying: Understanding Affordability, Mortgages & Debt-to-Income Ratio
Scottish Mortgage Podcast
More Info
Scottish Mortgage Podcast
First-Time Home Buying: Understanding Affordability, Mortgages & Debt-to-Income Ratio
Aug 22, 2023
Tony Flynn

Today, we dive deep into the crucial aspects of buying your first home. From understanding your affordability to navigating the intricacies of mortgages, we've got you covered.

🔹 Affordability is KEY when buying a home. But how do lenders view your income?
🔹 Online calculators can give a generic overview, but it's essential to know the specifics for your situation.
🔹 Did you know that bonuses, commissions, and other income types are treated differently by lenders?
🔹 The often overlooked 'Debt-to-Income Ratio' can make or break your mortgage application. Learn why!

Have questions? Drop them in the comments or reach out directly through our website. Your dream home is closer than you think, and we're here to guide you every step of the way.

#FirstTimeHomeBuyer #MortgageTips #TIFMortgages #Affordability #HomeBuyingGuide
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More Information = https://tfmortgages.co.uk/ 

Check Monthly Payments = https://tfmortgages.co.uk/mortgage-repayment-calculator 

Check How Much You Can Borrow = https://tfmortgages.co.uk/how-much-can-i-borrow

Please like share and subscribe if you find our information useful

Show Notes

Today, we dive deep into the crucial aspects of buying your first home. From understanding your affordability to navigating the intricacies of mortgages, we've got you covered.

🔹 Affordability is KEY when buying a home. But how do lenders view your income?
🔹 Online calculators can give a generic overview, but it's essential to know the specifics for your situation.
🔹 Did you know that bonuses, commissions, and other income types are treated differently by lenders?
🔹 The often overlooked 'Debt-to-Income Ratio' can make or break your mortgage application. Learn why!

Have questions? Drop them in the comments or reach out directly through our website. Your dream home is closer than you think, and we're here to guide you every step of the way.

#FirstTimeHomeBuyer #MortgageTips #TIFMortgages #Affordability #HomeBuyingGuide
.

.

.

More Information = https://tfmortgages.co.uk/ 

Check Monthly Payments = https://tfmortgages.co.uk/mortgage-repayment-calculator 

Check How Much You Can Borrow = https://tfmortgages.co.uk/how-much-can-i-borrow

Please like share and subscribe if you find our information useful