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High dti

We have stable jobs,good credit score,no late payments on all credits, but we have high dti...can we qualify for home refinance? by presnonesa534 from , California. Mar 25th 2018 Reply


Define high DTI.Most loans can be accomplished if you are willing to balance the scales of risk in the favor of the lender.What is the loan to value ratio?Define the Fico scores. What is the loan amount? What is the type of property?

Mar 25th 2018
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William J Acres (William_Acres)
#1 ranked lender in Arizona - 8,428 contributions

More info needed, but in general.. there are several different factors that determine how high the allowable DTI can be.. loan product for example.. FHA has higher allowable DTI then conventional... but FHA also has lower loan amounts.. Also, most folks do not calculate the DTI correctly.. and most always come up with a higher factor than what a lender is going to use.. give me 5 minutes of your time and i'll let you know what if anything can be done to get you financing.. no credit check, no hassles, no pressure, I promise. I'm a preferred Lender with California and Arizona being my primary markets. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com NMLS# 226347 / RPM Mortgage NMLS 1541014 / AZMB0121893

Mar 26th 2018
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