Staying withing DTI needed Ratio(s) .......

[Michael Dunn]

Good afternoon,

I am sitting here, browsing the internet for current 2015 on the max DTI on an FHA load, while at the same time deciding if getting an unsecured loan will halt my plans on purchasing my first property

Here are the current numbers ( any help will be greatly appreciated )....

Monthly average Gross = $1,700

credit score = 680

Total monthly Debts = $200

House Payment I'm looking at from the purchase of the property = $500 ( this includes PITI )

The monthly minimum for the unsecured load will be right around $150 a month

So with my current monthly debt minimum of $200 + $150 ( new monthly minimum debt form the un-secured loan ) = $350

Using a DTI of 35/50..... .35 x $1700 = $600 .50 x $1700 = $850

Given this DTI, I'd be right at the Max on the 50% side of $850 , if I take on this new loan

my questions are...

1. is a 35/50 DTI on a FHA even likely to get ?

2. If I could get a lesser loan, and thus reduce the minimum to $100 a month, would this for sure help, in the eyes of the Lender especially ?

3. And if I hope to purchase the property within 3 months from now, but I take on this new Loan NOW , will this hurt me with getting approved for the loan on the property , via the way the Lender is going to look at it ?

Thanks again for any and all help , I really do appreciate it