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2. Income requirements to qualify for a mortgage - AOL

   www.aol.com/finance/income-requirements-qualify...

   There’s no specific annual income you’ll need to qualify for a $250,000 mortgage, but if you want to keep your payments affordable, consider your monthly costs.

3. Guide to Getting a Mortgage for a Rental Property - AOL

   www.aol.com/finance/guide-getting-mortgage...

   Buying a rental property is one way to create another stream of income. Likely, you must finance the property with a mortgage. But, it's usually harder to qualify for a mortgage for a rental ...

4. 11 Tax Deductions You Can Take If You Have Rental Income - AOL

   www.aol.com/11-tax-deductions-rental-income...

   Here’s a list of common tax deductions if you have rental income: Mortgage interest. Property tax. Operating expenses. Depreciation. ... you may also qualify as a business under IRS rules. In ...

5. Housing affordability index - Wikipedia

   en.wikipedia.org/wiki/Housing_Affordability_Index

   A value of 100 means that a family with the median income has exactly enough income to qualify for a mortgage on a median-priced home. An index above 100 signifies that family earning the median income has more than enough income to qualify for a mortgage loan on a median-priced home, assuming a 20% down payment and a qualifying ratio of 25%.

6. Debt-to-income ratio - Wikipedia

   en.wikipedia.org/wiki/Debt-to-income_ratio

   The two main kinds of DTI are expressed as a pair using the notation / (for example, 28/36).. The first DTI, known as the front-end ratio, indicates the percentage of income that goes toward housing costs, which for renters is the rent amount and for homeowners is PITI (mortgage principal and interest, mortgage insurance premium [when applicable], hazard insurance premium, property taxes, and ...

7. Mortgage application: What’s included and how to prepare - AOL

   www.aol.com/finance/mortgage-application...

   Income information: W ... both current and proposed, such as rent or your first mortgage, HOA fees or mortgage insurance. ... though you may still qualify for a mortgage with a ratio as high as 50 ...

8. How to get a mortgage when you’re self-employed - AOL

   www.aol.com/finance/mortgage-self-employed...

   If your self-employment income is insufficient to qualify for a mortgage, having a co-signer or a co-borrower can help you qualify for a mortgage or even a larger loan amount. Having either a co ...

9. How to refinance a rental property - AOL

   www.aol.com/finance/refinance-rental-property...

   The average rental mortgage rate at traditional lenders is usually about 50 basis points higher than that for a primary mortgage, says Schneider. ... You can use rental income to help qualify for ...