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re: qualifying for construction loan
Posted on 8/9/13 at 3:15 pm to VABuckeye
Posted on 8/9/13 at 3:15 pm to VABuckeye
loan underwriter here.
how long has the husband or wife been in the latest of those 4 jobs and how does it count towards DTI?
without any further details, I would be inclined to not count any income from that spouse in borrowers' cash flow.
how long has the husband or wife been in the latest of those 4 jobs and how does it count towards DTI?
without any further details, I would be inclined to not count any income from that spouse in borrowers' cash flow.
1
Posted on 8/9/13 at 3:23 pm to Brightside Bengal
2 months in the latest job. With the steady income, debt payment to gross is 7%. With both incomes, DTI is currently at 4%
This post was edited on 8/9/13 at 3:27 pm
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