Good morning. Seeking some clarity here. Trying to prepare for another mortgage. Had three previous ones all paid satifactorily. My wife became a 1099 employee a few years ago and we also own a health food store that isn't doing great financially( business losses on taxes) so we supplement there. According to 2018 1099, income was 311k. 1040 shows Total income was 202K and AGI 181K after self employment taxes. So which one of these amounts would be utilized to figure DTI? Looks like we could be anywhere from 31% (please please please) to 58% (womp womp womp) depending on the answer. FICO 8 670, 696, 690 mortgage 654, 652, 676. Waiting for a few payments to update and hopefully boost the scores a bit more. And I'm reading a range of about 36-55 max DTI on conventional loan. Thanks in advance for any input.
