Lender Announcement: 001
Updated Debt-to-Income (DTI) Ratio Requirements for All Borrowers

August 18, 2020
TDHCA Lender Partners:

A maximum total Debt-to-Income (DTI) ratio of 50.00% will apply to all TDHCA My First Texas Home and My Choice Texas Home loan reservations beginning September 1, 2020. Manual Underwrite Approvals remain at 45% maximum Debt-to-Income (DTI) ratio.
We appreciate your partnership and understanding regarding this new requirement.
Please contact us with any questions.

Thank you,
Texas Homeownership Division
Texas Department of Housing and Community Affairs