Finance
A Nebraska borrower's front-end debt-to-income ratio should not exceed what percentage for conventional loans?
A28%✓ Correct
B31%
C36%
D43%
Explanation
Conventional loan guidelines typically require the housing expense ratio (front-end DTI) to not exceed 28% of gross monthly income. The total debt ratio (back-end DTI) should not exceed 36-43%.
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