Computing Front-End And Back-End Ratios To Determine What House You Can Afford
Tuesday, March 1st, 2011Front-end ratios and back-end ratios are exactly what lenders use to evaluate the financial status and capabilities of the prospective buyer of a property. Both of these methods are utilized to evaluate whether your loan application is granted and/or at exactly what amount. As a prospective borrower, you must learn that depending on the results [...]