The answer is no, not all debts count against you when determining the size of the mortgage you can get. Here is a list of some of the things that do NOT count against you when a lender calculates your DTI:
- car insurance
- electricity
- water
- gas
- sewer
- phone - land line
- phone - cell
- Internet
- cablecollection accounts
- health insurance
Call us with any questions.
Make sure you check out our web site:
www.mtgsupportservices.comBy the way, don't forget to refinance your current mortgage. Rates are very, very low right now. Don't miss out! Call us today to get the details for your particular situation.
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