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What is Debt-to-Income Ratio on a VA Loan?

What is Debt-to-Income Ratio? Debt-to-income ratio is a measurement that compares your monthly debt payments to your monthly income. It is an essential factor that lenders consider when determining your loan eligibility.

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Understanding the Certificate of Eligibility on a VA Loan

If you’re a veteran or active-duty service member looking to buy a home with a VA loan, you need a Certificate of Eligibility (COE) to prove your eligibility. In this guide, Morgan Financial explains what a COE is, why it’s important, and how to obtain one.

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What is prepaid interest?

Hello! This is Joe Harris with Morgan Financial and here is your “Joe Knows Mortgages MINUTE.” This week, we answer the question: What is prepaid

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