Finance
A NH buyer's debt-to-income (DTI) ratio for a conventional mortgage should generally not exceed:
A28% front-end / 36% back-end
B43% total DTI for qualified mortgages under Dodd-Frank✓ Correct
C50% total DTI with no exceptions
D25% front-end / 50% back-end
Explanation
For qualified mortgages (QM) under the Dodd-Frank Act, the total (back-end) DTI ratio generally should not exceed 43%. Some lenders and programs (FHA, VA, Fannie/Freddie) may allow higher ratios with compensating factors, but 43% is the standard QM threshold.
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