FHA Debt-to-Income Ratio Guidelines

3 minute read Debt-to-income ratios (DTI ratio) are used by lenders to determine how much house you can afford. Most mortgage loans require a max DTI ratio of 41%. However, FHA loans are one type of mortgage that allows for higher DTI ratios, making it easier for low income borrowers to get approved. Rate Search: Check Current Mortgage … Continue reading FHA Debt-to-Income Ratio Guidelines