Difference between revisions of "FM SFLP.Debt-To-Income"

From Open Risk Manual
 
Line 13: Line 13:
 
* Data Type: NUMERIC
 
* Data Type: NUMERIC
 
* Data Maximum Length: 9(2)
 
* Data Maximum Length: 9(2)
 +
 +
== See Also ==
 +
* [[Total Debt Expense Ratio]]
  
 
== Disclaimer ==
 
== Disclaimer ==

Latest revision as of 15:38, 11 March 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)

See Also

Disclaimer

This information is provided as is. Refer to the FM SFLP Template for pointers to definitive instructions about hte SFLP data templates