Non Qualified Mortgage

Mortgage With High Debt To Income Ratio

“The rules were intended to discourage the use of high debt-to-income ratio loans that were common during the housing boom. Additionally, the rules required lenders to strengthen the mortgage loan.

High DTI Mortgage Lenders If you are buying a home or looking to refinance, the first thing you need to determine is whether you will be able to qualify based upon your current income level. For a conventional loan, you must make enough so your back-end DTI ratio does not exceed 43%.

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