Can you fund this refinancing deal in Texas?

by MPA27 Oct 2014

When you’re looking to fund a tough loan, check out our “Lenders Wanted section. You can post the loan details for MPA readers to consider. And if you’re a lender who eats tough loans for breakfast, you can reply to let the poster know you can help.

Here’s someone looking for refinancing in Texas:

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.

 Know how to help? You can reply to the poster here.

Want to check out other loan scenarios? Click here. Post your own tough loan in our Lenders Wanted section by clicking here.


  • by M Hipp | 10/27/2014 10:38:05 AM

    With a DTI of 55% on a Texas Cashout that will be fairly impossible to do. Sorry


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