High DTI and Refi...Any lender that can help me?

That is true, however there are certain write-offs that can be added back into your income to help reduce the ratios.. Because your ratios are 53% front and back, tells me you have no other obligations.. Not even a credit card... which is puzzling.. If you have any other debt that can be paid down, then effectively reducing your ratio.. if you can get it below 50% you should get an approval. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. 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

Getting a HARP done with a DTI over 50% is near impossible. The answers you have been given are sound. It is true that some "expenses" that allow you to lower your taxable income can be added back to increase your income for loan purposes. If you have a quote for 3.99 with 1 point and a 1.25 credit back to you, as you indicate, stop looking and let them get it done. This is a good rate under the circumstances and although you might be able to find a slightly better deal, in the end, it probably won't be worth the effort to try and find it. There's a saying that pigs get fat and hogs get slaughtered. Don't be greedy. It's a good deal and I say go for it. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ www.LoansA2z.com 888-889-9950

If your loan is eaither fannie, freddie, or FHA you would qualify for either the HARP or the FHA streamline Refinance. If not I would get a second opinion from a local lender, maybe they will be able to credit you with more income thus decreasing your dti. If all else fails contact SunTrust. Good Luck!

FIRST, you need to see what is on your credit report, that is where we take the debts from... ask him for a copy... , and also there are certain debts on your credit report , depends on what they are , and how close you are to paying off, that sometimes we do not have to count in your debt to income ratio. also, there is a line on your tax returns, that can add in mileage for example did you have a tax account do your taxes?? if you want , call me at 602-330-1598 , linda

are you trying for 15 years or 30 years. With you current rate, we can try to go with FHA refinance and see if the new rate will be lower. Give me a call 714-943-6499 or email robert.le@greenvillemortgage.net. If the FHA rate and MI payment is lower enough without you paying any closing cost, fees, or point it might be worth a try.

I would talk with another mortgage broker in CA and ask them if you can do a HARP loan. I have gotten HARP loans done with over 50% DTI. It is not easy but it is not impossible especially if you have of the following compensating factors such as a good credit score, a lot of reserves, lower LTV, and time on job. All the best!

hi there: I work for a bank here and we can hold the loan as an exception depending on your scenario (credit scores, loan to value, assets) overall picture....If you'd like to contact me so I can go over your scenario and present your information to my underwriter who is in our office, I would be glad to...These days that's what it takes for hard deals to get through. all facts needed to be presented. You will be provided with an answer from my u/writer then you can decide if you'd like to proceed. Mike NMLS 754874....lending nationwide..(703 505 5300)