By: Melissa KerickBuilding equity in your home offers you more leverage and opportunities in the future. However, tapping into your home equity is a significant decision that can greatly impact your finances, so it should be approached with caution.
By: Melissa KerickWhether you're just starting the home purchase process, about to close on a home, or already enjoying homeownership, understanding your Loan-To-Value (LTV) ratio is essential. It significantly impacts your finances and mortgage options.
By: Melissa KerickAs you’re preparing to buy a home, it’s a great idea to understand how to calculate your DTI, because this gives you a clearer picture of your finances and how much you can afford as far as a monthly mortgage payment.