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Tim Bray, B.S. Real Estate (UConn) (Seaport Real Estate Services)

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Rainer
225,576
Bob Betel
Allstar Home Mortgage, Inc. - Sweetwater, TN
President, Allstar Home Mortgage, Inc

Front end ratios are a thing of the past. It used to be we used ratios of 28/36%, but now we use a backend ratio of 50% for conventional, and 56.99% for FHA. Only VA and USDA use both front and backend ratios. IMO, it never mattered what the front ratio was, as long a the backend ratio worked

Mar 20, 2019 07:15 AM
Rainmaker
1,749,577
Sandy Padula & Norm Padula, JD, GRI
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance

Much higher for so many who want to own homes, hence, they do not qualify.  I have personally seen many over 60% due to excessive credit card debt. I have select programs for ratios higher than 28%, but the credit profile must be reviewed

Mar 20, 2019 06:49 AM
Rainmaker
2,071,135
Evelina Tsigelnitskaya
SIB Realty - Sunny Isles Beach, FL

Great answer, Bob!

Mar 20, 2019 09:14 PM
Rainmaker
1,598,552
Valeria Mola
SIB Realty - Miami, Sunny Isles Beach - Sunny Isles Beach, FL
305-607-0709 SIB Realty Condos for Sale and Rent

Will read the answers.

Mar 20, 2019 07:45 PM
Rainmaker
2,229,820
Anthony Acosta - ALLATLANTAcondos.com
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Thank you for the information Tim.

Mar 20, 2019 04:48 PM
Rainmaker
1,535,414
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Thanks for the question.  I learned something new today from it and Bob Betel's response.

Mar 20, 2019 08:36 AM
Ambassador
6,662,159
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Folks like Bob Betel know so much more about these matters than I do, thanks for the info.

Mar 20, 2019 07:26 AM
Rainmaker
5,095,744
Richard Weeks
Dallas, TX
REALTOR®, Broker

Will check back to see what others have to say.

Mar 20, 2019 03:18 AM
Rainmaker
5,584,478
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

will be back to see what the experts know....

Mar 20, 2019 03:47 AM
Rainmaker
19,816
Steve McRory
Pro Option Mtg. 888-662-4404 - Tampa, FL
Mortgage Loan Originator

Believe it or not, Rental / Investment property mortgages are offered at NO RATIO  (i.e. no doc income) up to 80% ltv and with a seller held or business partner or family member held 2nd mtg, up to 90% Cltv. 

Mar 27, 2019 06:22 PM
Ambassador
5,474,939
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Will let the experts respond to this - as you asked!

Mar 21, 2019 01:19 PM
Rainmaker
1,260,083
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Higher in our area.  

Mar 20, 2019 09:05 AM
Ambassador
3,421,649
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

Parked and Reading. 

Mar 20, 2019 09:02 AM
Rainmaker
2,511,497
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

This beyond my need to know.

Mar 20, 2019 08:54 AM
Rainmaker
5,774,095
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Experts know better. 

Mar 20, 2019 08:49 AM
Ambassador
5,156,208
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Interested to see what our AR lenders have to say

Mar 20, 2019 07:20 AM
Rainmaker
5,460,208
Wayne Martin
Wayne M Martin - Oswego, IL
Real Estate Broker - Retired

Let the experts raise the ratios to the 30's when they report.

Mar 20, 2019 04:23 AM
Rainmaker
5,288,738
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Real Estate Broker

As others have said, will be interested in the lenders' responses to your question.

Mar 20, 2019 03:54 AM
Rainer
21,859
Mike Easton
Movement Bank - Charlotte, NC
Creative lending solutions from coast to coast

between 20-35% usually...i dont pay much attention to the front end though, back end (total) DTI is usually what i'm working with 

Aug 29, 2019 06:27 AM