Exceeding Debt Ratio on FHA mortgage loan

There are compensating factors for exceeding the fha debt ratio. You should take a look at the fha debt ratio and the compensating factors involved. This is a full documentation loan that will allow you to have an fha refinance with a higher debt to income ratio as a compensating factor. You may also do an fha purchase with a higher debt ration with these compansating factors.

The fha companesating factor that is most important is the housing expense and the accompanying debt ratio with the fha loan.

More info on FHA COMPENSATING FACTORS