3 ms·
Can you tell me why DTI should be <= 36%? Is it a fixed value of some regulation or is there a formula behind it?
by dmichulke 9y ago
Can you tell me why DTI should be <= 36%? Is it a fixed value of some regulation or is there a formula behind it?
- closeparen 9y agoIt’s a standard used by mortgage underwriters, presumably based on analysis of decades of past mortgages they’ve written and calibrated to balance their risks and rewards for maximum profit.