Understanding The Debt-To-Income Ratio
Manage episode 409437358 series 3561006
Understanding the Debt to Income Ratio - In this informative episode of Realty Success, hosts Brooke Bryant and Regina Brown are joined by guest Scott Griffin, a seasoned expert in real estate and mortgages. Together, they demystify the concept of the Debt to Income (DTI) ratio in real estate financing. They discuss its critical role in mortgage approval, how it varies between individuals, and practical strategies for optimizing your DTI to secure a home loan. Whether you're a first-time homebuyer or a real estate professional, this episode provides essential knowledge to navigate the world of real estate finance successfully. Realty Success is a daily show for homeowners, house hackers, and agents who want to sell their property quickly and at the best price. Our expert guests include Realtors, lenders, home stagers, professional cleaners, home builders, contractors, home appraisers, and more, who share their insights and strategies on the real estate industry. Whether you're a first-time seller or a seasoned pro, our podcast is designed to help you achieve realty success by sharing experiences and tips on getting your home ready for sale, effective marketing, successful negotiation, and closing deals. Take your real estate career to the next level, or learn more about the industry by subscribing to Realty Success now! *** SUGGESTED RESOURCES *** Pride and Property: A Seller's Guide to Maximizing Home Value - https://amzn.to/3qD7bUV The Ultimate Guide for First Time Home Buyers: A Step-by-Step Guide to Home Ownership - https://amzn.to/3VlnXD7 The Ultimate Guide to Move In, Move Out Cleaning - https://amzn.to/3TYiz8y Mindset Reset For Real Estate Success - https://amzn.to/3W6qu30 Source of Sales (SOS): A REALTOR's Guide to Increasing Your Confidence, Conversions, and Commissions - https://amzn.to/3ir4LVP * When available, we use affiliate links, and as Amazon Associates, we earn on qualifying purchases. *** ABOUT OUR EXPERTS *** Scott Griffin, Guest Expert Scott Griffin is a California-based Real Estate Broker who specializes in A’ Paper Jumbo Loans for clients who are self-employed or in the entertainment industry. His work has funded more than $831 million in purchase and refinance home loans over just the past eight years. He also holds Nationwide Mortgage Licensing System and Registry (NMLS), Federal Housing Administration (FHA), and Certified Mortgage Planning Specialist (CMPS) certifications. Website: https://scottgriffin.com/ Facebook: https://www.facebook.com/scottgriffinfinancial/ Instagram: https://www.instagram.com/thescottgriffinteam/ YouTube: https://youtube.com/@thescottgriffinteam Linkedin: https://www.linkedin.com/in/scottgriffinfinancial/ Brooke Bryant REALTOR® Brooke Bryant is a highly accomplished and sought-after Realtor in Charlotte, NC. With a passion for media and PR, Brooke has honed her skills in getting articles and press releases placed in top-tier magazines and online publications, making her a go-to expert in the real estate industry. Follow on social media at: @AskBrookeBryant Regina Brown REALTOR® Regina Brown is a distinguished real estate agent based in San Antonio, TX, renowned for her expertise in the luxury market. Her niche lies in organizing high-end events for her discerning clients, and she is widely recognized for her extensive network and exceptional connections. *** CONNECT WITH REALTY SUCCESS ON SOCIAL MEDIA *** Facebook Page: https://www.facebook.com/RealtySuccessHub Facebook Group: https://www.facebook.com/groups/realtysuccess Twitter: https://twitter.com/RealtySuccess_ YouTube: https://youtube.com/@RealtySuccess Pinterest: https://www.pinterest.com/RealtySuccess/ URL: https://realtysuccesshub.com * GOT A QUESTION FOR A SHOW? * Please email it to info@realtorsuccesshub.com
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