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Debt-to-income ratio - My Lender List

Debt-to-income ratio

14th February 2019

Debt-to-income ratio

0 Likes 196 Views

Debt-to-Income Ratio: a comparison or ratio of gross income to housing and non-housing expenses; With the FHA, the-monthly mortgage payment should be no more than 29% of monthly gross income (before taxes) and the mortgage payment combined with non-housing debts should not exceed 41% of income.