---

Ratios

Author	Message
	Add to del.icio.us Add to YahooMyWeb Add to Simpy Add to BlinkList
favors Joined: 17 Apr 2008 Posts: 10 5.09 Dollars($)	Posted: Tue Mar 16, 2010 10:27 am    Post subject: Ratios Like 0 Dislike 0 I have a current homeowner who wants to purchase her 2nd home. fica is 720. Are there any company that does not use ratios as a factor for approval?
gmakerley Community Mentor Joined: 09 Nov 2007 Posts: 12357 Location: bloomfield, ct 55.04 Dollars($)	Posted: Tue Mar 16, 2010 2:04 pm    Post subject: Like 0 Dislike 0 favors, by "second home" do you mean this will be a vacation home, or is it that she wishes to purchase a different home from the one she originally purchased, in which she'll live? also, where is your client located? there are limited opportunities to assist folk in that sort of situation, but they may exist depending on location. it would be very helpful (for that scenario) if she's self employed. _________________ George M. Akerley Mortgage Underwriter/Consultant Word of Excellence- Writing/Editing/Proofreading 860-221-5044
Denise Guest	Posted: Wed Mar 17, 2010 5:00 am    Post subject: Ratios Like 0 Dislike 0 Purchase a different home. Her current will be rented out. Location is Atlanta,GA. She is not self employed.
gmakerley Community Mentor Joined: 09 Nov 2007 Posts: 12357 Location: bloomfield, ct 55.04 Dollars($)	Posted: Wed Mar 17, 2010 9:52 am    Post subject: Like 0 Dislike 0 i don't know of anything that would be beneficial for her, denise. sorry. _________________ George M. Akerley Mortgage Underwriter/Consultant Word of Excellence- Writing/Editing/Proofreading 860-221-5044

Quick Reply
Your Name
Subject
Image Verification	Enter the code above here : Can't read the image? click here to refresh
Message body

All times are GMT - 7 Hours

Page 1 of 1

---

We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0