Hi,
 
I'm Andrew Roberts, a Retail Mortgage
 
Manager at Wright-Patt Credit Union.
 
Your debt-to-income ratio, or DTI,
 
compares your monthly debt payments
 
to your gross monthly income.
 
Lenders use it to assess how comfortably
 
you can make a mortgage payment.
 
Debts include things like car loans,
 
credit cards, student loans,
 
and child support, but not everyday
 
expenses like groceries or utilities.
 
Different loan programs
 
allow different DTI limits.
 
Your loan originator can help you
 
calculate yours and understand
 
how it affects your buying power.
 
Have more questions?
 
We've got more answers.
 
Visit our Mortgage
 
Resource Center at
 
wpcu.coop/mortgageresources
 
and when you're ready,
 
we look forward to working with you.