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Private Lending & Conventional Mortgage Advice

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Kathleen DeNault-Ridge
  • Developer
  • Upper Black Eddy, PA
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21
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DTI and Dodd Frank

Kathleen DeNault-Ridge
  • Developer
  • Upper Black Eddy, PA
Posted Jan 6 2015, 15:53

With the recent mortgage reforms (Dodd Frank), what is the "standard" for DTI that lenders are looking for now? I'm exploring the financing of small multi's (4 or less units) for a long-term buy and hold investment strategy through conventional financing and i'm concerned about the impact of my DTI on the financing possibilities.

TIA,

Kathleen

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