DTI, selling current home, buying new home

[mom2girls]

Does anyone know if you have to include your current mortgage in your DTI ratio if you are selling the home?

[violetsmom]

I am pretty sure that until your home is sold and your current mortgage paid off, you will be required to list current mortgage as debt.  I could be wrong though.

[Anonymous]

Unless you are closing on selling the house prior to closing on your new home, yes it will have to count against you for DTI. They can also close at the same time and you are fine. But a contract to sell alone will do you no good for removing from your DTI sadly.