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28% front end ratio.. any way to increase this?

Hello, I was wondering, if we have above average income, credit score, and assets, can we get a higher than 28% front end ratio? We would prefer 30-32% Is there a special program that allows this? by allison.smith522 from Buena Park, California. Sep 4th 2015 Reply


Kay Cleland (kay@kcmortgagecolorado.com)
#32 ranked lender in Colorado - 210 contributions

Hello and Great morning to you.... Contact a local mortgage broker and discuss options with them. Yes, there is a way to go over those ratios if you qualify and the lender gets an approval to do so.

Sep 4th 2015
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William J Acres (William_Acres)
#2 ranked lender in Arizona - 7,790 contributions

More info would be needed, but in general, the front end ratio has little weight.. the main ratio lenders look at is the back end ratio, or your "Overall debt to income" ratio. But if you are worried, it's very common to see front end ratios go into the mid to high 30's.. you shouldn't have a problem assuming you meet all other eligibility requirements. But if you want to know for sure, then you should contact a LOCAL mortgage broker and apply with them. Once they see your complete loan profile, they will be better equipped to advise you properly. Also, by applying with your LOCAL Broker, you have an advantage because he's familiar with local customs and works with many lenders with each one offering a different type of lending program. This is unlike the local bank which typically only has a few lending programs. The more lenders, the more lending options, and the more likely your scenario will be accepted.. Plus, the broker is experienced in seeking out the best loan terms for your particular scenario, and he has lower overhead which typically results in lower rates and fees than most of the larger lenders.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com NMLS# 226347

Sep 4th 2015
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Dan Paladin (dpaladin)
#1 ranked lender in California - 416 contributions

As pointed out the front end ratio rarely becomes an issue and 30-32 is well within the range to be approved. Ultimately I would need more info on the type of loan you need and your overall profile. Feel free to contact me at dan@loansbydan.com or 562.254.5616.

Sep 4th 2015
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Michael Knight (look4mortgage)
#954 ranked lender in California - 3 contributions

Call Chelsea Price at 951.310.2481She's the president of Mortgage Group DirectA+ rating with the BBBhttp://www.bbb.org/central-california-inland-empire/business-reviews/mortgage-brokers/mortgage-group-direct-in-corona-ca-13097326#bbbseal

Sep 4th 2015
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Jesse Stroup (jessestroup)
#195 ranked lender in California - 589 contributions

The Debt to income ratio's (DTI) very with the different loan programs. Conventional loan like to see the numbers in the 30's while FHA allows for DTI's into the high 40's and sometimes into the 50% range.

Sep 4th 2015
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Mark Hemingway (SFSLend)
#1 ranked lender in Colorado - 533 contributions

It is best to have a licensed mortgage broker discuss this with you. He would need to properly calculate your income whether you are paid hourly, full time salary, or self employed. The front end ratio calculates your income and your mortgage payment on the property involved in the transaction. Not sure if you are focusing on the front end because you do not want to be over a certain percentage of your income. Lenders are more concerned with back end ratio which calculates all of your debt load of revolving credit, installment loans, and mortgage payments. A front end ratio 29% is actually a very nice ratio. Good luck to you.

Sep 11th 2015
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