High DTI and Refi...Any lender that can help me?I just started my refi application with my current servicer for a HARP 2.0 and have locked my rate. Since they are doing a manual underwrite it will be very streamlined and will not need an appraisal as well. However, the rate that I got was 4.1 (but a rebate of -1.477 and 1 point origination + $425 processing fee + $200 application fee + closing costs).I had talked to a local mortgage broker before this and he informed me that using my income from line 31 of Schedule C (from 2011 tax returns) my DTI is 53% (same for both front end and back end) based on a loan of 196K and 4.125 rate (current rate is 5.125). So he informed me that I would not be able to qualify for an automated approval with any lender due to the high DTI. He recommended I talk to whoever is servicing my loan and see if they can do a manual underwrite which would not take into account the high DTI. I have excellent credit(800+), high reserves, never missed a payment (loan originated 1/2009), etc. Should I just stick with this since although the rate (and costs) might be a bit higher I won't have much issue with getting approved or can I do better? July 31 2012 - US00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.