Denial Code Library · May 2026
ECOA Code 01 · ECOA-01
"Income insufficient for amount of credit requested"
By Ziya Y. · 23 Years Banking · FRC Denial Code Intelligence
⚠️ This is often a LENDER OVERLAY — meaning another lender may approve you today.
What This Code Means
DTI too high — your income doesn't support the requested loan payment.
Your Action Plan
Compare your DTI against FHA's 57% and conventional's 50% limit. Many lenders cap at 43-45% (overlay). If you're between 45-57%, an FHA lender following agency minimums may approve you.
FRC Tools for This Denial Code
FinanceRateCalc is a mortgage decision intelligence system. ECOA codes are federal standards (Regulation B). Code interpretations are educational. Not legal or financial advice. © 2026 |
All ECOA Codes →