Home Financing

What is a good back end ratio?

Generally, lenders like to see a back-end ratio that does not exceed 36%. However, some lenders make exceptions for ratios of up to 50% for borrowers with good credit. Some lenders consider only this ratio when approving mortgages, while others use it in conjunction with the front-end ratio.

Leave a Reply

Your email address will not be published. Required fields are marked *