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What is the maximum dti ratio's for conventional mortgage loans?

by virg.hanger327 from Longwood, Florida. Apr 21st 2014 Reply


Rich Alino (PrivateBanker)
#56 ranked lender in New York - 41 contributions

for conventional is 43 i believe,, if you are a candidate for private banking,, we can create a ratio to make your deal work, providing you have cash flow to support the loan. conventional lending looks for the AGI income where as private banking does not, as most self employed or high net worth borrowers don't show personal income. more information on private banking products for borrowers that don't fit for conventional lending found here at www.superjumboloans.info

Apr 21st 2014
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Jim Marcinkowski (jimmarcinkowski)
#113 ranked lender in Florida - 224 contributions

Typically it tops out at 45% with the new regulations. It really depends on your personal financial situation.

Apr 21st 2014
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Christopher Stancato (Kyle Stancato)
#4 ranked lender in Washington - 60 contributions

It all depends....Sometimes it is 42-45%. I have been able to approve clients all the way to 55% depending on their credit, assets and other compensating factors. My name is Kyle and I am the owner of Bayview Home Loans if I can help any further.

Apr 21st 2014
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Michelle Curtis Loan Originator NMLS 401173 (EmbassyFundingLLC)
#77 ranked lender in Florida - 2,240 contributions

Highest I've seen is 50% with major compensating factors, but 45% is typical.

Apr 21st 2014
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William J Acres (William_Acres)
#1 ranked lender in Arizona - 8,659 contributions

For conventional, you wont get approved if your DTI is greater than 45%.. For FHA, you can get approved up to 55%-57%. Anyone telling you differently is just trying to get you to apply with them.. for some lenders, they would rather apologize later after you have already go through the effort to apply and provide documentation, only to find out your scenario wont work, and WHAMO.. here's the new numbers (always higher).. for this reason I always advise folks to contact a LOCAL mortgage broker and apply with them. If there's an issue, you can walk into their office and deal directly with the loan officer or his manager. I also advise folks to not use the local "Big" bank, or one of those 50 states internet lenders or nationwide lenders...By applying with your LOCAL Broker, you have an advantage because he's familiar with local customs and works with numerous lenders, seeking out the best loan terms for your particular scenario. Because he has lower overhead, he can offer you lower rates and lower 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

Apr 21st 2014
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Craig Prickett (cpmtgnow)
#160 ranked lender in Florida - 97 contributions

I can do up to 50% and that's a Maybe ... Most of the time is 45%. Remember what you think your income is and what you Qualifying income is can be two different things... So don't only focus on the Dti, but rather or also what the qualifying income really is at. Don't believe this nonsense of 55 dti on conventional meaning Freddie or Fannie.. 55% is only FHA, 55% wont ever fly with Conventional, not these days,, past yes, not today. We sell directly to Fannie and Freddie. We are not a correspondent and Im not a owner of Caliber. Why ? Caliber is a 70 Billion dollar owned company. There is no owner, broker, or correspondent lender that is going to make any difference. Deal directly with a Seller Servicer to Fannie and Freddie. Direct risk takers, not indirect risk takers like a broker/correspondent, owner or otherwise.. Call me for a Free credit report and application 954 558 4430

Apr 21st 2014
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