Real estate tip: Income-to-debt ratios determine loan type

Is gross household income the amount after taxes?

Learn the New Luxury Playbook at Luxury Connect | October 18-19 at the Beverly Hills Hotel

Gross income refers to your total household income before taxes or expenses have been subtracted. Lenders use your gross income to calculate various ratios of income to debt when you apply for a loan. *** Send a Letter to the Editor for publication.Send a comment or news tip to our newsroom. Please include the headline of the story....