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What is the maximum loan to income ration with an 800+ credit score and no debt?

  • July 27 2011 - Aptos
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Answers (5)

If you're asking about debt to income ratios, I have access to portfolio programs that allow for expanded ratios as high as 58%.  They also allow for you to pledge your assets to supplement your income so that you can get qualified for a higher loan amount.  .

These programs have competitive interest rates as well.  If you're still interested in finding out more info, feel free to contact me via my profile.

 
  • September 13 2011
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If someone is a direct seller to Freddy with no overlays then there is technically no max.  The highest I've seen on conventional was 52%.   And the highest I've seen FHA is 57.9%.

  • July 27 2011
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Hello,

Some lenders will allow as high as a 48% on the DTI on a conventional loan.  As long as you have a DU approval for that lender, they can use your findings.  FHA lenders can go even higher; for example, one lender I work with can go as high as 52-53% DTI, assuming you have a DU approval; otherwise, they would cap it at 50%.
  • July 27 2011
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can you clarify question?

are you looking for the maximum " loan to value " ratio ? or are you asking about the the maximum " debt to income " ratio?
  • July 27 2011
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Debt to income maxmum will typically be 50% for conventional financing on a purchase.

If using FHA, 46.99% for the "Top Ratio".
  • July 27 2011
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