What is the maximum allowable debt to income ratio for an FHA loan?

0 votes
asked Jun 7, 2018 in Other-Finance by Deenu (300 points)
What is the maximum allowable debt to income ratio for an FHA loan?

1 Answer

0 votes
answered Jun 8, 2018 by Judy (56,120 points)
Debt to income ratios for most loans are 28 percent and 36 percent but for an FHA loan the debt to income ratio should be 31 to 43 percent to qualify for an FHA loan.

The debt to income ratio can be higher however if the lender Justifies it.

101,013 questions

96,444 answers

1,285 comments

7,000,122 users

...