Mortgage borrowing power and 28/36 rule playbooks added
Published two mortgage guides: how much a lender will let you borrow versus what you can comfortably afford, and the 28/36 rule turned into real monthly dollars. Added four glossary terms: compensating factors, residual income, mortgage insurance, and pre-qualification.
We added two guides that separate borrowing power from affordability. The borrowing-power playbook explains what lenders count as income, how each debt shrinks the loan they will approve, and why a pre-approval is bigger than a comfortable payment. The 28/36 guide turns the rule into actual monthly dollar ranges, shows why it uses gross income, and explains when lenders approve well above it.
Both cite their lender figures to dated primary sources and link to the home affordability and mortgage calculators. We also added four glossary terms used across the guides: compensating factors, residual income, mortgage insurance, and pre-qualification.
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