General Membership Meeting, Tuesday, March 14th 2017. 7:00pm EST. Bay de Noc College - MTEC building, Room 2031. â** College is closed March 7th for Spring Break**. 2016 UPIR TRACK CHAMPIONS. ----------------------------------.
Yes, lenders must examine HUDâs Limited Denial of Participation List (LDP) and the General Services Administrationâs (GSA) Excluded Parties List System (EPLS) to determine if the name of any party to the transaction including, but not limited to, the seller, real estate agent, or builder, appears on either list.
The following calculations are used by most lenders as a guide to help determine the maximum you should spend on housing costs and overall debt levels: Gross Debt Service (GDS) Ratio. No more than 30% to 32% of your gross annual income should go to mortgage expenses-principal, interest, property taxes and heating costs (plus fees for condominium maintenance). Total Debt Service (TDS) Ratio. TDS evaluates the gross annual income needed for all debt payments-house, credit cards, personal loans and car loan. Depending on the lender, TDS payments should not exceed 37% to 40% of your gross annual income. The combined incomes for you and your spouse are usually considered, when determining this ratio.