: This compares your monthly debt payments to your gross monthly income. Lenders typically prefer a DTI of 43% or lower , with some suggesting a "28/36 rule" where housing costs don't exceed 28% of your gross income.
: You must have additional liquid savings to cover fees like title insurance, appraisals, and loan origination. These typically range from 2% to 6% of the home's purchase price. 2. Required Documentation what are requirements for buying a house
How to buy a house: Your step-by-step guide to buying in 2026 : This compares your monthly debt payments to
Your financial health is the primary factor in securing a home loan. what are requirements for buying a house