BRIO, LLC
  • Home
  • About
    • How We Work
    • Client Testimonials
    • Disclaimers
    • FAQs >
      • FAQs - Financial Planning
      • FAQs - Investments
      • FAQs - Business Services
  • What We Do
    • for Individuals & Families
    • for Investors
    • for Entrepreneurs and SMBs
  • Grow With Brio
    • Tools & Information
    • Workshops & Events
  • FREE Plan Audit
  • Contact

Q: What's in a ratio?

11/16/2016

0 Comments

 
A: Most likely, whether or not a loan provider will find you creditworthy.

To determine your borrowing power, lenders use guidelines called debt-to-income ratios. These are simply the percentage of your monthly gross income (your income before taxes) that is used to pay some combination of your monthly debts. There are generally three numbers you’ll need to remember when it comes to what these ratios mean in relation to your creditworthiness: 20%, 28%, and 36%. READ MORE
0 Comments
    Picture

    Archives

    May 2018
    March 2017
    January 2017
    November 2016
    September 2016
    July 2016
    May 2016
    March 2016
    January 2016

HOME

ABOUT

WHAT WE DO

​GROW WITH BRIO

CONTACT