What is all this talk about DTI?

John Easterbrook & Patty Aguon

(916) 224-7653 & 833-5063Mortgage Loan Originator

Licensed – NMLS #226555

Information in presentation intended for real estate professionals only. Not for consumer use.

Debt to Income (DTI) Ratio

Information in presentation intended for real estate professionals only. Not for consumer use.

DTI = debt ÷ income

• Credit History

• Assets

• DTI

Information in presentation intended for real estate professionals only. Not for consumer use.

Lenders use DTI as a factor in qualifying a

buyer. The 3 most important things to

credit qualify a buyer are:

DTI Importance

Why is DTI So Important?

• All loan types limit DTI

• Conventional currently

is the most restrictive

• FHA and VA have

higher DTI limits

Information in presentation intended for real estate professionals only. Not for consumer use.

DTI Limit – Changes

• New limits lower on some loan types

resulting from new lending rules

• The amount your buyers can qualify for

are lower than in the past

• Have your buyers prequalified by your

me today!

• If your buyers were prequalified in the

past, have them updated today!

Information in presentation intended for real estate professionals only. Not for consumer use.

Questions?Call me at (916) 224-7653

Information in presentation intended for real estate professionals

only. Not for consumer use. VITEK Mortgage Group is licensed by

the Department of Business Oversight under the California

Residential Mortgage Lending Act. NMLS # 37408