RD does not require a ratio waiver when the FICO is 660 or above.
@ponderous wrote:
I hope it is ok if I slip in a question, since it is on topic here.
When USDA says 29/41 do you have to fall within both of those to not do a Debt Ratio Waiver? I come in at 34/35 with a 742 score and 5 years on the job. I am just wondering if my lender will need to do the Debt Ratio Waiver Request when sending my packet to USDA?
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