HUD’s Loss Mitigation Program
Debt to Income Ratios Front-End Ratio – The total first mortgage payment (PITI) divided by the Mortgagor’s gross monthly income, shall be 31%. Back-End Ratio – The total first mortgage payment plus all recurring monthly debt divided by the Mortgagor’s gross monthly income, shall not exceed 55%. Mortgagee Letter 2009-23, pg. 2
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