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@Anonymous wrote:Hmmm...I thought Fannie Mae's DTI was 43% on the back-end.
Here is the July 2017 eligibility matrix from Fannie's website: https://www.fanniemae.com/content/eligibility_information/eligibility-matrix.pdf
Fannie actually just raised the max back end to 50%.
@VALoanMaster wrote:
@Anonymous wrote:Hmmm...I thought Fannie Mae's DTI was 43% on the back-end.
Here is the July 2017 eligibility matrix from Fannie's website: https://www.fanniemae.com/content/eligibility_information/eligibility-matrix.pdf
Fannie actually just raised the max back end to 50%.
Yes they did! I called my prior customers and told them that they may be able to qualify for a loan now.