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GA Dream Debt to Income Ratio Limitations
For buyers using the GA Dream Down Payment Assistance program, there are a variety of underwriting guidelines that the borrower must meet. Two of those are credit score and debt to income ratio (DTI). Like every mortgage loan program, GA Dream has a minimum credit score for each borrower. They also have a maximum debt to income ratio based on the borrower's credit score.
For all Georgia Dream Loans, the Borrower must meet the following requirements:
Middle FICO Score of 640 or more has a maximum 40/45 DTI
Middle FICO Score of 620-639 has a maximum 35/35 DTI
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