For new construction, what amount should be used for property taxes in the PITI/DTI calculation?

For new construction, what amount should be used for property taxes in the PITI/DTI calculation?
June 22, 2018 Donna Malecki

For new construction, what amount should be used for property taxes in the PITI/DTI calculation?

For new construction, what amount should be used for property taxes in the PITI/DTI calculation?

For new construction, the lender must use a reasonable estimate of the real estate taxes based on the value of the land and “as completed” improvements.