Tag: debt to income

• New Year changes to mortgage rules under Dodd Frank

  In early January 2014, a change will be made to allowable debt to income for qualified mortgages under Dodd-Frank. “Home loan seekers need to know that the allowable debt-to-income (DTI) ratio for a qualified mortgage under Dodd-Frank come January will be 43 percent,” Grace Keister of First Team Real Estate in Irvine, CA. This change…

  Vince Liuzzi

  January 3, 2014

  Home Loans

  debt to income, Dodd Frank, First Home Buyer, First Team Real Estate, Grace Keister, home buying, mortgage, Vince Liuzzi, Vincent Liuzzi