I have a client with a 599 score but a DTI problem dealer is willing to pay debt and carry back second if need be loanamount is 75000 income is 1400/mo and she has 10,000 in credit card debt all current and R1 the home is in North Carolina if anyone can help I would appreciate it very much. Sue at RMC
take this borrower FHA after you add a co-borrower. As you know the co-borrower does not have to occupy the property-just have a relationship with borrower prior to our transaction and cannot be seller.