Buyers obtaining a FHA loan that have a credit score of 680 or better are now eligible for a larger debt to income ratio. Trident Mortgage
(a direct lender of for FHA loans) has extended the debt-to-income ratio on their FHA loans to 53%. Previously, the max was 50%. This improvement certainly allows more buyer clients to qualify for a mortgage. In addition, it'll permit already qualified buyers to have a larger monthly payment.
Please visit my Trusted (and recommended) Vendors page for contact information on Trident Mortgage Company. Or feel free to contact me and I'd be happy to introduce you to Trident Mortgage and their incredible team.