LTV and equity
Loan-to-value compares mortgage balance to property value.
Resources
Know the terms before you choose a loan.
Simple mortgage education and document readiness notes so your next conversation is faster, cleaner, and more useful.
DTI and budget
Debt-to-income compares monthly debt to gross monthly income.
Documents
Prepare income, assets, property, credit, and debt details.
Mortgage terms from official resources
Loan Estimate
The CFPB explains that the Loan Estimate helps consumers understand loan terms, projected payments, closing costs, and cash to close after applying for a mortgage.
CFPB Loan EstimateClosing Disclosure
The CFPB Closing Disclosure explainer helps borrowers review final loan terms and costs before signing mortgage closing documents.
CFPB Closing DisclosureCompare before choosing
CFPB Know Before You Owe resources are designed to help consumers understand loan options, compare mortgages, and avoid surprises at closing.
CFPB Know Before You OweBuying preparation
HUD advises buyers to consider affordability, rights, loan shopping, and homebuying programs, and to use HUD-approved housing counseling resources when helpful.
HUD buying a home