EstatePass
Mortgage Knowledgemedium20% of exam

A team member asks about DTI Calculation Guidelines in a consumer complaint triage while trying to explain the required action to the team. Which response should the file reviewer use?

Correct Answer

B) Include monthly obligations in the DTI analysis

LTV and DTI calculations support repayment and collateral analysis. The best answer is "Include monthly obligations in the DTI analysis".

Answer Options
A
Apply a different loan-program rule without checking the file facts.
B
Include monthly obligations in the DTI analysis
C
Ignore product, occupancy, LTV, or eligibility limits because the borrower prefers the loan.
D
Use the same treatment for all mortgage products without comparing program requirements.

Why This Is the Correct Answer

LTV and DTI calculations support repayment and collateral analysis. The best answer is "Include monthly obligations in the DTI analysis".

Was this explanation helpful?

More Mortgage Knowledge Questions

People Also Study

Related Study Resources

Practice More MLO Questions

Access all practice questions with progress tracking and adaptive difficulty to pass your SAFE MLO exam.

Start Practicing