Excluding Credit Card Debt from the DTI

Question: Can a credit card payment be excluded from the DTI if it is paid off by closing? Answer: Yes – follow these guidelines as found in the FNMA selling guide. Remember that you will have to source the funds for payoff and those funds must be from eligible sources. MC Debts Paid Off in […]

A subscription is required to access this content—please view our available subscription options. If you are a current subscriber, please log in.

Scroll to Top