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debt ratio

Posted on: 20th Oct, 2010 06:57 am
When a mortgage company calculates preapproval, how many months prior credit card acount check is used in to figure that monthly debt ?
Hi hazviper!

Welcome to forums!

As far as I know, the lender will calculate your debt to income ratio depending upon the accounts listed on your credit report.

Feel free to ask if you've further queries.

Sussane
Posted on: 21st Oct, 2010 02:17 am
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