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Does Debt to Income Ratio significantly impact mortgage interest rates?
Does Debt to Income Ratio significantly impact mortgage interest rates? My SO and I are applying for a mortgage. The bank gave us an interest rate and when we were looking over the final documents, in the credit section we saw a credit card with a large amount of debt and a minimum payment that was almost 3-4x the rest of our cards (We do not have any debts apart from monthly credit card use which is paid in full ea...
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