DTI Requirements
Max DTI
• Max 45% DTI
• Max 50% DTI with Minimum 700 FICO Score and $3,500 of Monthly Residual Income. Max 45% DTI otherwise
o Monthly Residual Income = Total Monthly Income – Total Monthly Mortgage and Non- Mortgage Obligations listed in the Underwriting Guidelines
• Max 50% DTI with Minimum 700 FICO Score and $3,500 of Monthly Residual Income. Max 45% DTI otherwise
o Monthly Residual Income = Total Monthly Income – Total Monthly Mortgage and Non- Mortgage Obligations listed in the Underwriting Guidelines