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To determine your maximum mortgage amount, lenders use guidelines called debt-to-income ratios. This is simply the percentage of your monthly gross income (before taxes) that is used to pay your monthly debts. Because there are two calculations, there is a "front" ratio and a "back" ratio and they are generally written in the following format: 33/38. |
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BenchMove.com is a free website that allows the user to view and post properties. Anyone can list their property if they are the legal owner or legal representative of the owner (i.e., real estate agents, property manager, etc.). |