7-29-17 Fannie Mae is coming out with DTI up to 50% back end

[Shaun Weekes]

Fannie Mae's new DU version that comes out 7-29-17 has a few changes that are going to help investors. The main one is the fact that DTI will now be potentially accepted to 50%. Freddie Mac has had this for some time now. However, Fannie Mae goes up to 10 homes so this gives investors that many more options.

If you've had DTI issues in the past, mark this day on your calendar to move forward with a refinance or purchase.

When the actual rules come out I will update this post if necessary.  

Take care and good luck out there BP family!