Information for Single-Family Lending and Real Estate Professionals
Program Announcement

December 20, 2013
Important Debt to Income Changes

The total debt to income ratio for the Home Advantage program cannot exceed 45.00%. The exception which allowed lenders to go up to 50.00% with compensating factors has been removed.

The Commission will honor all loans with total debt to income ratios between 45.01% - 50.00% with all compensating factors if the loan is in “reservation” status on or before January 10, 2014.

Manual updates have been made to Section 2, page 2.1: 

Please contact Lisa DeBrock at if you have additional questions.



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