When is the DTI not applicable for HMDA reporting?

An organization complies with § 1003.4(a)(23) by reporting that the DTI is not applicable when:

• No credit decision was made. For example, a file was closed for incompleteness or if an application was withdrawn before a credit decision was made.
• No debt to income ratio was relied on.
• The applicant and co-applicant, if applicable, are not natural persons.
• Reporting a purchased covered loan.