Difference between revisions of "FM SFLP.Debt-To-Income"
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== Definition == | == Definition == | ||
| − | <b>Debt-To-Income</b> | + | <b>Debt-To-Income</b>: DTI. The ratio obtained by dividing the total monthly debt expense by the total monthly income of the borrower at the time the loan was originated. |
== Notes == | == Notes == | ||
| Line 10: | Line 10: | ||
== Field Characteristics == | == Field Characteristics == | ||
* FM SFLP Field Index: 23 | * FM SFLP Field Index: 23 | ||
| + | * Column Label: DTI | ||
* Data Type: NUMERIC | * Data Type: NUMERIC | ||
* Data Maximum Length: 9(2) | * Data Maximum Length: 9(2) | ||
Revision as of 15:14, 17 January 2023
Definition
Debt-To-Income: DTI. The ratio obtained by dividing the total monthly debt expense by the total monthly income of the borrower at the time the loan was originated.
Notes
For values outside the allowable range, or if unknown, or if the mortgage loan is a HARP refinance, this value will be blank..
The field belongs to the FM SFLP Template
Field Characteristics
- FM SFLP Field Index: 23
- Column Label: DTI
- Data Type: NUMERIC
- Data Maximum Length: 9(2)
Disclaimer
This information is provided as is. Refer to the FM SFLP Template for pointers to definitive instructions about hte SFLP data templates
