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What is the maxiumum allowable debt/income ratio on a FHA loan.

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June 06 - Palmdale

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Johnny James, "Palmdale Mortgage"
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Johnny James, "Palmdale Mortgage"

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the higher the debt to income ratio the more likely you are to run into problems before you pay of your mortgage. instead of trying to get to maximum DTI maybe you should look at analyzing your credit and making some changes with your budget. Maximum means maximum risk so it is safer to be at the low end than at the top end.

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Gregorio Denny, "WeFixRates.Com"
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Gregorio Denny, "WeFixRates.Com"

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Same answer as I gave you here.

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June 06

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What is the maxiumum allowable debt/income ratio on a FHA loan.

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Related Questions

Question getting a loan approved for 50k or less , is there a bank out there??

Question The "Grove" 93551 area recently "solds" have all been around $175k. Are they all short sales?

Question What is the maxiumum allowable debt/income ratio on a FHA loan.

Question What's a reasonable offer on a shortsale listed at 260k - house was sold for 745k 3 years ago..

Question Any intake on short sale property. I recently offer $7,000 more than the asking price.

Related Articles about Buying Process

Guide Real Estate Buyer's Closing Costs

Guide List of Closing Costs and Fees

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Guide Home Buying One Step at a Time

Guide A Buyer's Guide to Making the Right Choice

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