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I did not get any quotes on my loan request (ZR-LSXKYLL). Can someone help me figure out why?

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November 07 - Reno
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Answers (1)

Profile picture for Gregorio Denny
Mortgage Lender

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5.0/5.0

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Contributions: 3685
Zillow All-Star

Since January 2009

3 reasons:

You are above the 96.5% LTV cap for FHA financing.
Your credit score is very low.
Your DTI is very high.

If you resubmit with 3.5% down there is a possibility you will get a few responses. However, I would look at a less expensive property based on your income, save for a larger down payment and fix your credit before proceeding
 
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November 07
 

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