FHA DTI limits

[Will McVeigh]

Are the FHA DTI limits flexible? On their website it says "maximum ratio is 43%."

My DTI is around 43% without the additional loan payment. Assuming I could get it settled it would be just over 43% after the loan with rental income. Is it possible to get this waived?

[Stephanie Cederdahl]

Yes, FHA DTI limits are more flexible than conventional. If you are close to the 43% you should be able to find a bank that will loan to you, especially if you have good credit and assets. I have seen many FHA loans approved in the 50% range. It all depends on the bank's automated system and whether an underwriter is willing to loan to you based on your credit, assets, debts, etc...