How Lenders Calculate Debt Ratios on Rental Properties

By |2016-12-01T05:16:44+00:00May 20th, 2015|Mortgages|1 Comment

In a previous post I talked about the basics of mortgage debt ratios—the calculations lenders use to determine if you qualify for a mortgage. This prompted this reader question: Q: If I own a rental property, which debt ratio do you add the rental property mortgage payment, rental income, taxes and heat to? —Bob A: While the [...]