How does a debt-to-income ratio affect your mortgage rate?

… a mortgage broker at Grayton Mortgage … Impact of DTI on buying choices … In New York City coop boards have their own DTI requirements for buyers usually 22 to 24 percent Coops are usually stricter … worse than those with lower DTI ratios Many adjustable and most jumbo lenders cap the maximum DTI at 43 percent in …

By Emily Myers |May 30, 2023 - 10:00AM