Advice For First Time Home Buyers: What is Your Debt To Income Ratios? 

First Time Home Buyer Programs - Tips & Help in Maryland 

Video Educational Series 

Home Buyer Education:

What is Your Debt To Income Ratio? 

This ratio represents your amount of monthly payments (bills) compared to your average monthly income. 

DTI Debt-to-income ratio 

Lenders are typically interested in borrowers with a DTI  ratio between  28 percent to  36 percent. These numbers are a general guideline, and not a hard and fast rule.

You'll have a much easier time qualifying for a loan if you fall between this ratio.

If you are presently overwhelmed  with bills and barely having enough money after you get paid...
You don't need to buy a house just yet...
It's time to pay down some of those bills first and lower your DTI 


Getting ready to buy your first home?

Find a good Realtor® first and you are on your way!
I invite you to watch our educational video series is a free comprehensive 15 video part series  to prepare you for your first  home purchase. The videos cover the home buying process, it is a compilation for over 20 years of experience that will give you an advantage to begin the process
Our counselors are ready and waiting to provide you with the care and direction you need to take if homeownership is in your plans.
We can also  offer  guidance on improving your credit. 
To begin receiving counseling, please write us to or call 301-246-0001. 

First Time Home Buyers Help for Maryland Residents