Understanding FHA Loans of Virginia: The Debt Ratio Assessment

Navigating Virginia FHA mortgages in Virginia can feel a bit daunting, especially when it comes to the Debt Service Coverage Ratio (DSCR). The key metric helps banks to assess your ability to cover monthly loan payments. Generally, Virginia FHA loan providers require a DSCR of no less than 1.0, meaning your income surpasses all your monthly expense

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