Conforming loan guidelines Flashcards
1
Q
What are conforming loan debt ratios?
A
28% for housing ratios and 36% for total debt ratios.
2
Q
What is the minimum down payment for conforming loans?
A
5% down
What are conforming loan debt ratios?
28% for housing ratios and 36% for total debt ratios.
What is the minimum down payment for conforming loans?
5% down