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  2. What are construction loans, and how do they work? - AOL

    www.aol.com/finance/construction-loans-154657152...

    To get a construction loan, you’ll need a low debt-to-income ratio and proof of sufficient income to repay the loan. You also generally need a credit score of at least 680. You also generally ...

  3. What is a construction-to-permanent loan? - AOL

    www.aol.com/finance/construction-permanent-loan...

    FHA construction loans: For as little as 3.5 percent down, you can get a construction loan insured by the Federal Housing Administration (FHA). These come in the form of a construction-to ...

  4. Requirements for a Construction Loan - AOL

    www.aol.com/news/requirements-construction-loan...

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  5. Debt-to-income ratio - Wikipedia

    en.wikipedia.org/wiki/Debt-to-income_ratio

    The two main kinds of DTI are expressed as a pair using the notation / (for example, 28/36).. The first DTI, known as the front-end ratio, indicates the percentage of income that goes toward housing costs, which for renters is the rent amount and for homeowners is PITI (mortgage principal and interest, mortgage insurance premium [when applicable], hazard insurance premium, property taxes, and ...

  6. Conforming loan - Wikipedia

    en.wikipedia.org/wiki/Conforming_loan

    Other guidelines include borrower's loan-to-value ratio (i.e. the size of down payment), debt-to-income ratio, credit score and history, documentation requirements, etc. [3] In general, any loan that does not meet guidelines is a non-conforming loan. A loan that does not meet guidelines specifically because the loan origination amount exceeds ...

  7. FHA insured loan - Wikipedia

    en.wikipedia.org/wiki/FHA_insured_loan

    The National Housing Act of 1934 created the Federal Housing Administration (FHA), which was established primarily to increase home construction, reduce unemployment, and operate various loan insurance programs. [4] The FHA makes no loans, nor does it plan or build houses.

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