RHS amended Chapter 11 (Ratio Analysis) of the SFH Guaranteed Loan Program Technical Handbook (HB-1-3555). The amendments to chapter 11 include changes with respect to: total debt ratio requirements; debt ratio waivers and compensating factor requirements; and obligations not included in debt-to-income ratios. The amendments become effective after a Procedure Notice is issued and the changes are permanently published online.
Click to view the RHS SFH Guaranteed Origination Notice: https://www.tenaco.com/wp-content/uploads/2021/07/RHS-SFH-Guaranteed-Origination-Notice-07-20-21.pdf
