I'm thinking of buying a home (1st time). Is a DTI ratio of 17/32 good enough to ask for a loan and get pre-approved?
Yes, your debt ratio's are perfectly in line! It depends on where you would like to buy, but FHA (3.5% down payment) or USDA (0 down payment) may be the best options for you. Feel free to contact me wiht any further questions. I'd love to help! Travis Newtontnewton@englending.com503.931.4490

Need 150k Home loan for a First time buyer.. any advice?
Thanks for the question. We can surely help you with this mortgage loan. Some investors may require you to get 2 appraisals (because it's being sold from a family member) but that's fine. We do these all the time. That bbeing said, this should be a pretty cut and dry purchase for you. I'd love...