Debt-to-Income Ratio Guidelines Most lenders like a DTI ratio of not more than 35% or 36%. Sometimes, mortgage lenders will still approve your loan if your DTI is up to 45% (or 50% for an FHA loan).

Your debt-to-income (DTI) ratio is an important factor lenders look at when approving you for new credit. Here's what you need to know.

DTI is 36% to 42%: This level of debt could cause lenders concern, and you may have trouble borrowing money. Consider paying down what you owe. You can probably take a do-it-yourself approach.

For example, if your monthly debts total $3,000 and your gross monthly income is $7,500, your DTI is 40%. In essence, 40 cents of every dollar you make goes toward paying off debt, which is ...

But the DTI portion of the changes to the pricing grid was pushed back to Aug. 1, 2023, with the regulator saying the DTI charges wouldn’t affect any loans purchased by Fannie Mae or Freddie Mac ...

The Federal Housing Finance Agency’s (FHFA’s) decision to delay implementing the controversial upfront fee on Fannie Mae and Freddie Mac borrowers with higher debt-to-income (DTI) ratios gave ...

Bob Broeksmit, CMB, president & CEO of the Mortgage Bankers Association, issued the following statement after the FHFA announcement to rescind implementation of DTI-based LLPAs. “We have strongly ...