Some mortgage companies max out their debt to income ratio at 45%. …Some go to 50%.
I wanted you to know that I have NO LIMIT on a back end debt to income ratio.
…I can do 55% or even 60% or more as long as the automated system approves it!
If another lender is giving you problems with your debt to income ratio – give me a call or shoot me an email. …I can probably help you out!
Fun fact on Thanksgiving: Thanksgiving wasn’t widely celebrated until, after more than 36 years of campaigning, Sarah Josepha Hale convinced Abraham Lincoln to make it a national holiday in 1863.
That’s it for today! …thanks for reading!
Brett
If you are thinking about buying a house, but you aren’t really sure if it’s…
Here is a breakdown of the maximum seller help amounts by loan program… Program: Conventional…
Your property tax bill usually comes out in late November, or early December. There are…
If you want to acquire rental properties, but you are having issues proving your income…
If you receive money from the State or a County sponsored organization for providing foster…
FHA gift questions come up often. I wanted to give you the rules on FHA…
