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Industry News & Articles

Home Purchase,Refinance

What is a Debt-to-Income Ratio (DTI)?

What is DTI? A debt-to-income ratio (DTI) is the percentage of your monthly income that is used towards your monthly debt.It is one of the key factors that lenders use to decide whether or not you qualify for a loan. Apart from your Credit Score and your Income, DTI can make or break your loan. …

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Success Stories

Helping a Texas Resident with their Refinance

Craig, a Texas client, was worried that he might have chosen the wrong lender to help him with his refinance. His previous lender wanted to charge him $20,000 in closing costs and required him to get an appraisal, increasing the time and money spent on his loan. After two grueling months of being promised more …

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Success Stories

When Life Throws a Curve Ball

Brad and Stephanie were looking to refinance their home as quickly as possible because they were drowning in medical bills from the previous year. Unfortunately, Brad was experiencing health issues and was on the transplant list for a new heart.  He had been in and out of the hospital, and the expenses kept growing. They knew that …

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Success Stories

Helping a Veteran with Cash Out Refinance

There is nothing more rewarding than the opportunity to give back to those who dedicate their lives to serving our country. At Loandrone, as an authorized VA Lender, we value the Veterans and strive to provide an excellent customer service experience in appreciation for their service.Navy Veteran Mark was having a hard time dealing with …

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