: Aim for a DTI at or below 43%. This is the percentage of your gross monthly income that goes toward paying debts.
Before viewing properties, you must establish a strong financial profile to qualify for the best available mortgage rates. what do i need to buy a home
: Budget an additional 2% to 5% of the purchase price for legal fees, taxes, and appraisals. 2. Essential Documentation : Aim for a DTI at or below 43%