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debt to income

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britman Guest 0.10 Dollars($)	Posted: Sun Jul 16, 2006 6:08 pm    Post subject: debt to income Hi is it possible to get a loan if my debt to income is high. Right now i make $36500 a year have 2 cars one is $450 and one is $265 i make about $80 in credit payments per month. I am selling my house hopefull i will make enough to take off the $265. This will leave me with debt of $530 plus house payment. My credt score is around 640-660 can i get a mortgage and if so he do i call. I have had a mortgage for over 2 years and my pament record is perfect. Any help would be greta. Thanks Mark _________________ Need help choosing the right loan? Get free consultation from community lenders/consultant
jerry Moderator Joined: 17 Oct 2005 Posts: 803 Location: MICHIGAN 89.56 Dollars($)	Posted: Sun Jul 16, 2006 7:50 pm    Post subject: RE: Hi, Welcome to MortgageFit Forums. First of all let me congratulate you for maintaining a good credit score. With all the details that you have provided, I don’t find any reason for you not getting a mortgage. Thanks, Jerry
dh Guest 0.10 Dollars($)	Posted: Fri Jan 19, 2007 2:55 pm    Post subject: Yes in spite of having a high DTI ratio he has been able to maintain a good credit score, I tool feel getting a mortgage will not be too difficult. D. Hill
Mac_7 Guest 0.10 Dollars($)	Posted: Fri Jan 19, 2007 9:48 pm    Post subject: yes, credit score of 640-660 is good but something around 720 would be even better to qualify for a comparatively low rate.

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