data entry instructions for Real Estate Owned and Liability Indicators.. DU will exclude these liabilities from the total expense ratio and from the LTV, CLTV, and HCLTV ratios.. Refer to the Fannie Mae Selling Guide for de t ail on the calculating and d o cumenting n et rental income.

How Much To Spend On Rent, Based On Income While every effort has been made to ensure the reliability of the content in Ask Poli, Fannie Mae’s Selling Guide and its updates, including Guide Announcements and Release Notes, are the official statements of Fannie Mae’s policies and procedures, and should be adhered to in the event of discrepancies between information provided by this service and the Guides.

Guidance. If the Borrower Borrower Person who is the obligor under the Note. is a non-profit entity, you may reimburse the Borrower Borrower Person who is the obligor under the Note. from the Origination Fee Origination Fee Fee charged by the Lender to the Borrower for underwriting and originating the Mortgage Loan, per Part IV A: mortgage loan commitment, Delivery and Purchase Procedures.

Housing and Debt Ratios. The sum of the housing expenses is then divided by the borrower’s pre-tax income to arrive at the housing expense ratio. The housing expense ratio can be calculated using monthly payments or annual payments. The housing expense ratio.

Traditionally Fannie Mae and Freddie Mac, the nation’s two largest government-sponsored investors in conventional mortgages, preferred front-end DTI ratios of 28 percent or less.

In May, according to mortgage software and research firm Ellie Mae LLC, the average borrower who obtained home purchase money through investors Freddie Mac and Fannie Mae had a housing expense ratio of 22 percent.

Pnc Mortgage Assistance PNC, PNC HomeHQ, PNC Home Insight and Home Insight are registered service marks of The PNC Financial Services Group, Inc. ("PNC"). PNC has a pending patent application directed at various features and functions of Home Insight Tracker. All loans are provided by PNC Bank, National Association and are subject to credit approval and property appraisal.

Fannie Mae’s guidelines require a monthly housing expense of no higher than 35 percent for those co-borrowers who will occupy the property. However, the combined incomes and expenses of all of the co-borrowers must reflect a maximum monthly housing expense-to-income ratio of 28 percent or less.

Complete Mortgage Calculator Here is a complete list of items that can influence how much your monthly mortgage payments will be: interest rate. The most significant factor affecting your monthly mortgage payment is your interest rate. For example, on Nov. 27, 2013, the average national rate for a 30-year fixed-rate mortgage was 4.33 percent.

Fannie Mae has secured commitments for two new front-end credit insurance risk transfer (“CIRT. approximately $8 billion pool of single-family loans with loan-to-value ratios greater than 60. In general, you would expect fannie mae lenders to require a 28% front-end ratio and 36% back-end ratio.