Fannie Mae Relaxes Debt-to-Income Standards in July

Fannie Mae Relaxes Debt-to-Income Standards in July

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Have you been waiting to apply for a mortgage until you’ve paid down more of your outstanding debts? Well, here is some good news for you: On July 29, 2017, Fannie Mae, the world’s largest source of mortgage funding, is lowering its debt-to-income (DTI) requirements....