DTI. (Debt to Income) Ratio Calculation i. Pre-Loan DTI (DTI-1) is calculated based on representing the Total Monthly Pre-Loan Debt Payment obligations as a percentage of gross monthly income as determined in Credit Policy V.a & ▇.▇. ▇▇. Post-Loan Non-Mortgage DTI (DTI-3) is calculated based on representing the Post-Loan Non-Mortgage Debt Payment obligations as a percentage of gross monthly income as determined in Credit Policy V.a & V.c. iii. Post-Loan DTI (DTI-4) is calculated based on representing the Total Post-Loan Debt Payment obligations as a percentage of gross monthly income as determined in Credit Policy V.a & V.c.
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Sources: Loan Account Program Agreement and Loan Sale Agreement (LendingClub Corp)
DTI. (Debt to Income) Ratio Calculation
i. Pre-Loan DTI (DTI-1) is calculated based on representing the Total Monthly Pre-Loan Debt Payment obligations as a percentage of gross monthly income as determined in Credit Policy V.a & ▇.▇.
▇▇. Post-Loan Non-Mortgage DTI (DTI-3) is calculated based on representing the Post-Loan Non-Mortgage Debt Payment obligations as a percentage of gross monthly income as determined in Credit Policy V.a & V.c.
iii. Post-Loan DTI (DTI-4) is calculated based on representing the Total Post-Loan Debt Payment obligations as a percentage of gross monthly income as determined in Credit Policy V.a & V.c.. WebBank Person-to-Person Credit Policy Page 7
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