Madison ADDI: Combined Qualifying Ratio

	The City of Madison American Dream Downpayment Initiative (ADDI)

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Combined Qualifying Ratio

The accepted combined housing and total debt-to-income ratio is 36%. An expanded combined ratio of 40% may be allowed with strong compensating factors such as good savings history, history of comparable rent expense, excellent credit history, good rent history, and stable employment. The Community Development Supervisor will approve loan requests with a combined ratio below 30% on a case-by-case basis.

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Housing Developers' Toolbox | CD Office | Department of Planning and Development | City of Madison

Community Development Office
City of Madison Department of Planning and Development
215 Martin Luther King, Jr. Blvd., Room 280
PO Box 2985, Madison, WI 53701-2985
Phone: (608) 267-0740 | Fax: (608) 261-9661 | Email: cdbg@cityofmadison.com