OfflineDoes anybody know of any lenders that will lend with 62-63% front-end DTI ratio?
If so, please let me know.
Thank you much.
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High Debt to Income Lenders
Posted on: Wed, 05/27/2009 - 13:41
Does anybody know of any lenders that will lend with 62-63% front-end DTI ratio?
If so, please let me know.
Thank you much.
I got the same problem My credit is great though like a 726. My debt to income is high,but not that high. So far I havent checked with but one lender and they told me that I wouldnt be able to qualify. A high Child Support payment is killing me .May want to look at other ways of financing . Maybe owner financing .Sorry I couldnt be more of a help.
yes also can u get a cosigner.now i have a high score but dto inc ratio is out of wack as i have many lines of credit.use a cosigner if possible until u can turn a few deals and get things in order.
also keep trying many banks and keep a record of all info and contacts for future referfence.you will be able to use them for sure later and u never know when u hit the jackpot with a certain bank and or manager/loan officer or president
jay
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Isn't revealing the child support payment an option on applications?