Lenders wanted

TX, Single-Family, Refinance, $136K, 553 FICO, 44% LTV
Posted on 10/23/2014 4:55:16 PM

Borrower is refinancing on to home from special warranty deed from divorce. Has vested interest with currently being on title and also has made payments for past three years. 1 X30 on mortgage in past 12 months. Cash out/debt consolidation, self employed. Has child support and mother (non occupant) social security, DTI is 55%. Mother (non occupant) has 130K liquid assets, and has a mid fico of 688. Primary home.

REPLIES
  • by velinda shirley on 10/27/2014 3:17:57 PM

    DTI would have to be lowered for cashout. Need more info

  • by Velinda Shirley on 10/27/2014 3:15:08 PM

    Not a problem, you would need the divorce decree awarding the home to the borrower and must be alble to qualify. Please feel free to contact me.

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