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LendingRisk.com Mortage Industry Dictionary

Terminology, definitions, terms, explanations, and documents for business professionals in the mortgage lending and mortgage risk management industries.

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Debt to Income (DTI) Ratio

A borrower's Debt to Income (DTI) is the ratio of monthly debt payments to monthly gross income. In underwriting a mortgage loan it is necessary to determine the borrower's ability to repay a loan in accordance with its terms. The borrower's DTI is considered a key indicator of the borrower's ability to repay the loan.

See Borrower Debt to Income (DTI) Overview
See Housing Ratio
See Total Ratio
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Terminology, definitions, terms, explanations, and documents for business professionals in the mortgage lending and mortgage risk management industries.