Conventional DTI requirements

43%

There's a strong chance you'll be okay (of course, all loans are subject to underwriting review, terms & conditions). Generally speaking, Conventional loans allow up to 45% DTI (sometimes even 50% with strong compensating factors). If you'd like a free, no obligation pre-approval analysis from a local OKC company, please feel free to contact me. You can reach me at 405.308.4208.Thanks!Nick UteschMortgage Loan SpecialistProgressive Financial Services Corp.NMLS #: 216693/214427

43% to 45% is the maximum, for conforming.. .. 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

That contact number was 4 0 5 - 3 0 8 - 4 2 0 8

You will be ok with 38% dti. I can do a dti much higher than 38%.

You can go as high as 45% without any compensating factors as long as you get an approve or accept from Fannie or Freddie. That has to be with your proposed new housing expenses included. Call a local broker and have them go over your entire loan scenario so you know exactly what your options are.

You will be ok with that DTI, providing you meet all the other qualifications.

Yes,With the parameters that you have stated- Contact your local community bank ora mortgage professional here in Lender 411

You should be able to qualify for a conventional loan with a 38% DTI. Many lenders will go as high as 45% DTI.

38% is well within the acceptable debt-to-income guidelines. Pretty much everyone will go to the maximum of 45% for conventional loans... Other programs like FHA, many lenders will even go to 50%.

You should be fine as far as the income portion of your application! Please make sure that you speak with an experienced lender who will lay out various options and intelligently discuss the pros and cons of each with you. I'm happy to help with the financing or just give you advice. If you need more information, or a competing rate quote call, email or use my live support button to discuss or get in touch with me. Web Address for live chat or quote is: http://www.loansfromrob.com/quote/ Email is robertlh66@verizon.net and direct phone is 240-752-7549. Good Luck -- Rob Hanson