When applying for a mortgage, dozens of terms are used to explain various aspects of the mortgage process. One popular financial term commonly used is DTI meaning slang which stands for debt-to-income. Lenders use your DTI debt-to-income ratio to determine whether your debt exceeds 28% of your income, to protect themselves from the borrower defaulting […] The post DTI Meaning Slang: What is a Debt-to-Income Ratio first appeared on Real Estate Agent Philadelphia.
