Homeowner and training is a saying for rent to own tenants,  as they are preparing get a mortgage,

There are three hurdles:

  • DTI which is that to income ratio of 43%
  • Down payment
  • Credit rating

To be able to qualify for a mortgage, these hurdles are important to understand.

A good resource is at the consumerfinance.gov site

https://www.consumerfinance.gov/owning-a-home/

Download booklet here