Appreciate the answers.I understand the underwriting process varies on a number of factors but in my case I do not have 20% to put down. Does that mean a 50% DTI is out of the question?
Are the DTI for LP loans 50% ?I'm reading in some places it is only 45% . If it is 50%, what would be the qualifying factors for 50% DTI on a conventional loan? How much down?Have an A credit rating and at job 10 years but high DTI and working on reserves.