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The max DTI for an FHA loan is 43%, unless you have compensating factors like cash reserves, low expenses, or other sources of income.
A free FHA loan calculator for South Carolina to help you estimate monthly payments, including taxes, insurance, MIP, and interest.
A balloon mortgage is a home loan with initial low or no monthly payments, followed by one large lump sum payment at the end of its term.
Use our credit utilization calculator to see where your credit card utilization stands — so you can start repairing your credit score if needed.
Our in-depth guide breaks down the USDA loan requirements in 2022. Learn if you qualify!
FHA loan requirements make it easier to qualify for an FHA loan than for a conventional loan, but you’ll still have to hit certain financial benchmarks.