Really lenders giving a good jumbo home loan want to put specific coverage nets positioned supply the newest debtor a knowledgeable chance out of repaying the loan. Some of those coverage nets is actually a traditional method of financial obligation to help you money proportion.
Some lenders can even possess an alternative proportion to possess evaluating the proposed mortgage payment on the month-to-month money individually about almost every other obligations. Continue reading For every lender can get its own guidelines towards DTI proportion