Debt-to-Income Ratio. Each Mortgage Loan has a debt to income ratio of 60% or less. Each Mortgage Loan with an original principal balance of $1 million or more has a debt to income ratio of 50% or less;
Debt-to-Income Ratio. At the time of origination of the Mortgage Loan, the ratio of the annual principal payments on the Mortgage Loan to the income of the Obligor(s) was not in excess of 50%.
Debt-to-Income Ratio. Applicants must have the ability to repay the loan. Applicants who have a debt to income ratio in excess of 55% will not be eligible for this loan program.
Debt-to-Income Ratio. Each Mortgagor has a debt-to-income ratio of less than or equal to the amount set forth in the related Trade Confirmation;
Debt-to-Income Ratio. “DTI”): DTI is the ratio, expressed as a percentage, of (i) the amount of the monthly debt obligations (including the proposed new housing payment and related expenses such as property taxes and hazard insurance) over (ii) the mortgagor’s gross monthly income. No Mortgage Loans will have a DTI in excess of 55%.
Debt-to-Income Ratio. In order to be eligible, mortgage applicants are required to have a 84 debt to income ratio of thirty-six percent (36%) or lowerthat is no greater than the ratio 85 determined by the the governing Oneida Land Commission resolution. The Comprehensive 86 Housing Division shall submit recommendations related to the debt to income ratio for the 87 Oneida Land Commission’s consideration, at a minimum, once every three (3) years. The debt 88 to income ration may not be amended except by Land Commission resolution. shall approve, by 89 written resolution, the applicable debt to income ratio for all mortgages offered by the 90 Comprehensive Housing Division annually no later than September 30th.
Debt-to-Income Ratio. An applicant’s debt to income ratio shall be determined by dividing the minimum monthly payment available from the applicant’s lender(s), that the applicant can acquire without penalty, by the monthly, pre-tax salary paid to the applicant by Employer.
Debt-to-Income Ratio. An applicant's debt to income ratio shall be determined by dividing the monthly childcare expenses (including for daycare, camps, afterschool programs, and other similar expenses) by the monthly, pre-tax salary paid to the applicant by Employer.
