VA Residual Income Guideline Not A QM Solution

Posted by Krista Sabol on Aug 4, 2014 in IMU Blog, VA VA Residual Income Guideline Is Not A QM Solution For Community Banks By: Alice Alvey, CMB August 4, 2014 As community based lenders look to develop their non QM products, compensating factors become the central focus when considering credit policy that permits a Debt To Income (DTI) ratio above 43%. For borrowers with years of monthly payments in reserves, the question still becomes how...
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