Coast Live


What you need for a mortgage and what impacts your debt to income ratio on Coast Live

Posted at 2:50 PM, Jul 05, 2018
and last updated 2018-07-05 14:51:20-04

HAMPTON ROADS, Va - Depending on the loan type, and credit scores, the allowable debt to income can be over 50% in cases, or maxed out at 43% in some cases. We turn to Michael Hosang, a Senior Loan Officer with Tidewater Mortgage Services to help us make sense of the rules and what we need to have ready when applying for a loan.

Presented by
Michael Hosang, Sr. Loan Officer
Tidewater Mortgage Services
NMLS 609803
NC I-174024