Fha Dti Requirements 2024. Borrowers must have a credit score of at least 580 to make a minimum 3.5% down payment, and credit scores between 500 and 579 must make a down payment of 10%. The standard fha guidelines allow for a dti of 43%, however much higher ratios of up to 56.9% are allowed with.
The department of housing and urban development recently updated the debt to income rules and income requirements for fha loans. Your debt includes recurring monthly payments that you owe, such as credit card bills, loans, and mortgage.