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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: MythMan who wrote (432075)7/19/2017 7:00:11 PM
From: Broken_Clock2 Recommendations

Recommended By
mary-ally-smith
MythMan

   of 436258
 
From a lender I know
...

One of the most significant is their increase to the max debt-to-income (DTI). Currently, max is 45% however it will be increasing to 50%. This represents a significant increase to prospective Buyers’ purchasing power. Now, not everyone should go up to a 50%, but for those clients of ours who are saddled with significant student loan debt, are self-employed, are commission-based, on fixed income, etc. this will be a massive boost for them.

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what's not to like? -g-
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