Debt to Income ratio effected if I have a house hack with rents?

Question

Is my debt to income ratio effected if I live in a house hack with rents?

EXAMPLE: $1932 monthly PITI with $2000 in monthly rent.

Do lenders look at this as a wash? Or do I still have a $1932 + Debt.

Alex Deacon · Answer

@Clayton Hepler the banks will use a portion of the income to help you qualify. renting out one unit and living in the other will allow you to qualify because a portion of the income will be added to your ratios. If you need to confirm with a good reputable lender then please reach out to me.

Debt to Income ratio effected if I have a house hack with rents?

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