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re: Credit Score Questions - Future home and car purchase
Posted on 8/10/16 at 7:22 pm to ellesssuuu
Posted on 8/10/16 at 7:22 pm to ellesssuuu
Housing PITI & HOA or condo/Total debt service depending on program: 25/33 to 28/35 max. Those are typical and based off gross income.
Maybe you're thinking about FHA, which is based off net income.
Maybe you're thinking about FHA, which is based off net income.
1
Posted on 8/11/16 at 11:42 am to Jag_Warrior
All mortgage lenders/programs go off gross income. Not a single one is net.
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