Which of the following ratios is NOT used by NACA for properties purchased through their program?

The Credit Utilization Ratio is not utilized by NACA for properties purchased through their program. NACA primarily focuses on ratios that directly assess a borrower’s ability to manage housing-related expenses and overall debt relative to their income.

The Housing Ratio, also known as the front-end ratio, measures the portion of a borrower's income that goes toward housing expenses and is crucial in determining affordability. Similarly, the Debt to Income Ratio (DTI) assesses total debt levels in relation to income, providing insight into a borrower's overall financial health. The Back-end Ratio takes into account all monthly debt obligations in comparison to monthly income, which further aids in the evaluation of a borrower’s ability to manage additional payments.

In summary, while ratios related to income and debt are vital for NACA’s homebuyer assessment process, the Credit Utilization Ratio, which pertains more to credit card use and is less relevant to the housing purchase context, does not play a role in their evaluation.