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HHHeeelpp!! Do I have to list rent in my DTI numbers?

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Anonymous
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HHHeeelpp!! Do I have to list rent in my DTI numbers?

Im married and because my husband writes off a lot of income on his self employed taxes Im going to apply for the loan in my name only. Do I have to include "rent" in my dTI calculation if I'm not responsible for my current rent?  Thanks in advance!

1 REPLY 1
-Cal-
Valued Contributor

Re: HHHeeelpp!! Do I have to list rent in my DTI numbers?


@Anonymous wrote:

Im married and because my husband writes off a lot of income on his self employed taxes Im going to apply for the loan in my name only. Do I have to include "rent" in my dTI calculation if I'm not responsible for my current rent?  Thanks in advance!


I believe current mortgage/rent is not calculated in DTI for new loans on owner-occupied properties. Double check that with your loan agent.

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