FL, Single-Family, Refinance, $90K, 632 FICO, 60% LTV
Posted on 8/15/2013 1:07:35 PM
I have a brw who wants to do a FHA cash out refi to buy out her ex-husband's portion of equity. I have an approve/eligible. The brw had a ch7 bk may 2010. the new co-brw is her boyfriend who will be moving into the house with her. We will be using his income for ratios. She is self employed and writes off most of her income. Presently, the ex is living there until he is bought out. She had lates on her student loan after the bk which seems to be the sticking point with other lenders. The student loans are now in deferrment.