May 20, 2021
Did Mortgage Underwriting or Loan Applicants Change In 2020?
Lower Average Debt-to-Income and Loan-to-Value Ratios, Higher Credit Score in Q4 2020 Compared to Q4 2019 Three important factors in mortgage underwriting are debt-to-income (DTI) ratios, loan-to-value (LTV) ratios and credit scores. Over the course of the pandemic, we have seen a decrease in the...