Generally, 43% is the highest DTI ratio a borrower can have and still get qualified for a mortgage, but lenders prefer a ratio lower than 36%, with no more than 28% of that debt going towards.

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Home loans are granted a "qualified mortgage" (QM) designation should they meet certain criteria, one of which is that the debt-to-income (DTI) ratio of the borrower must be no higher than 43%. This QM designation for a loan is vital as it gives lenders protection from ability to repay litigation.

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In general, the qualified mortgage will be granted to borrowers with debt-to-income / DTI ratios no higher than 43%. As the name implies, the debt-to-income ratio compares the amount of money a person earns each month (gross monthly income) to the amount he or she spends on recurring debt obligations.

Generally, 43% is the highest DTI ratio a borrower can have and still get qualified for a mortgage, but lenders prefer a ratio lower than 36%, with no more than 28% of that debt going towards.

So in essence, the dti limit won’t really be an issue for most loans, seeing that the majority are sold to Fannie or Freddie. *The FHA Qualified Mortgage definition is pretty much the same as Fannie and Freddie’s, except for the APR thresholds, which are detailed below.

For instance, a small creditor must consider your debt-to-income ratio, but is allowed to offer a Qualified Mortgage with a debt-to-income ratio higher than 43 percent. In most cases your lender is a small creditor if it had under $2 billion in assets in the last year and it made no more than 500 mortgages in the previous year.

How much of a mortgage can I qualify for? All Qualified Mortgages (QM) are presumed to comply with this requirement. As described below, a loan that meets the product feature requirements can be a QM under any of three main categories: (1) the general definition; (2) the "GSE-eligible" provision; or (3) the small creditor provision.

within the AUS risk profile would be deemed a qualified mortgage. For the most part, this expansion would award QM status to jumbo loans with DTI ratios over 43 percent held in bank portfolios. Jumbo loans tend to be high-quality mortgages but are agency-ineligible because their size exceeds the conforming limit.