Can i get a mortgage with high debt to income ratio?

Answer On One Hand: On One Hand: Debt-to-Income Ratio LimitsMost conventional mortgage lenders will not issue a mortgage if your mortgage expenses-to-income ratio exceeds 28 percent or your total debt-to-... Read More »

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Debt to Income Ratio for a Mortgage?

To qualify for a mortgage loan, you must meet certain criteria. Mortgage lenders look at not only your credit score and monthly income, but also at debt. Many mortgage lenders focus on the debt to ... Read More »

How do I calculate debt to income ratio for a mortgage?

Add up all monthly debt payments, including credit card payments, car loan payments, student loan payments, current mortgage or rent payments, line of credit payments, alimony and child support pay... Read More »

How is debt to income ratio calculated?

Debt-to-income ratio compares how much a person owes on credit cards and loans to how much that person earns. Lenders use debt-to-income ratio to determine how much you should be allowed to borrow.... Read More »

Debt to Income Ratio & Car Leasing?

A debt-to-income ratio is the amount of money you have coming in--proved by your income--versus the amount of money you pay out for your debts--listed on your credit report. Leasing institutions of... Read More »