#800 credit Score Hack Home buying ЁЯПа

1. Your credit score shows how likely you are to pay back your loan based on your previous credit history. тАЛ

2. Your loan-to-value ratio compares your remaining mortgage balance to the appraised value of your home. LTV is used to determine how much you may be able to borrow.тАЛ

3. Your debt-to-income ratio is your monthly income compared to your monthly debt. ItтАЩs used to determine how much mortgage you can afford.тАЛ