Understanding DTI in Reverse Mortgages

In this AE Talk episode, Iona Osment-Jewitt discusses the role of Debt-to-Income (DTI) ratios in reverse mortgage evaluations. While traditional mortgages heavily rely on DTI, reverse mortgages consider a broader financial picture, focusing on the borrower’s ability to maintain property charges like taxes and insurance.

Iona explains how financial assessments are conducted and what factors are considered to ensure borrowers can meet their obligations. This insight is crucial for brokers guiding clients through the reverse mortgage process.

Watch the full video to learn how to approach these scenarios with insight and care:

Stay Informed with AE Talk
Our goal with AE Talk is to provide valuable insights that help you navigate the reverse mortgage space with confidence. Stay tuned for more episodes, where our experienced AEs will continue to break down complex topics and scenarios to support your business.

Have questions or want to learn more? Contact us at (888) 369-1573, and let’s discuss how reverse mortgages can help your clients.