Loan-to-Value, Debt-to-Income: What Does it Mean?

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Getting a handle on the terminology, acronyms, and abbreviations in the world of mortgages can be a bit overwhelming. But understanding basic mortgage lingo is important in helping you make informed, confident decisions throughout the lending process.

Let’s take a closer look at two of the terms you’re sure to hear — debt-to-income (DTI) and loan-to-value (LTV).

Debt-to-income ratio

Your DTI is one way lenders measure your ability to manage your monthly mortgage payments.

Bryan Clark, senior vice president of mortgage banking for Dart Bank, says there are two different DTI ratios considered in the underwriting process.


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