Mortgage needed for a second homeI am recently retired and would like to purchase a vacation home. I just got turned down by Wells Fargo today because my debt to income exceeds 40%. I have very little income, only a military pension. But I am wealthy with large liquid assets, stocks, bonds etc. my fico is 800+. I am looking to purchase a home for 250k with 20% down in illinois. I think it's ridiculous that a high net worth individual with a flawless credit history can't get a small mortgage.October 18 2012 - US0YesReport 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.