Finance
A Wyoming borrower's debt-to-income ratio is 45%. A conventional lender's maximum back-end DTI ratio is typically:
A28%
B36%
C43%✓ Correct
D50%
Explanation
Most conventional lenders limit the back-end DTI (total debt including housing) to 43%, though some allow up to 45-50% with compensating factors. The 43% threshold is commonly referenced in qualified mortgage guidelines.
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