What is a Debt-to-Income Ratio and How Does it Affect Your Mortgage?

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There’s a lot of mystery wrapped up in how you get pre-approved for a mortgage. Part of that lies in the debt-to-income ratio, which is part of the alchemy mortgage companies use to see how much you can borrow for your home. But how do they calculate it, and what’s behind the numbers?

In this week’s BobMortgage Zone episode, our most-trusted mortgage expert peels back the layers of mortgage mystery and shows the math. Educating buyers is one reason Bob Johnson (AKA BobMortgage) has become the senior mortgage adviser at the nation’s oldest private lender, Wallick & Volk

Get a lesson on debt-to-income ratios and how they affect your mortgage now!


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Joanna England

If Executive Editor Joanna England could house hunt forever, she absolutely would. Instead she covers the North Texas housing market and the economy for CandysDirt.com. While she started out with the Real Estate Center at Texas A&M University, Joanna's work has appeared in The Dallas Morning News as well as several local media outlets. When she's not knitting or hooping, or enjoying White Rock Lake, she's behind the lens of her camera. She lives in East Dallas with her husband, son, and their furry and feathered menagerie.

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