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#149439 - 06/20/07 11:12 PM 100% 2nd home w/high dti
spinchem Offline
Member

Registered: 07/11/06
Posts: 53
Loc: Detroit/Atlanta
I need help finding a lender that does 2nd homes at 100% and dti over 50% any suggestions please.

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#149561 - 06/21/07 02:52 PM Re: 100% 2nd home w/high dti [Re: spinchem]
fitklunk Offline
Junior Member

Registered: 12/07/06
Posts: 2
Loc: NC
Slimn to no chance on that one

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#149729 - 06/22/07 11:50 AM Re: 100% 2nd home w/high dti [Re: fitklunk]
Prodigy Offline
Veteran Member

Registered: 11/15/05
Posts: 724
Loc: Riverside County, California
Stated/verified with a high FICO maybe, have you tried Flagstar?
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#152785 - 07/03/07 08:42 PM Re: 100% 2nd home w/high dti [Re: Prodigy]
jaydee Offline
Junior Member

Registered: 07/03/07
Posts: 4
it will be extremely difficult to find one, if you do, the interest rates might be too high. have you considered releasing some equity from your first home and using that as deposit?

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#152869 - 07/04/07 08:58 AM Re: 100% 2nd home w/high dti [Re: jaydee]
SDmortgagepro Offline
Member

Registered: 12/19/05
Posts: 200
Loc: San Diego, CA
Why would you want to help someone get a second home who really can't afford it? No one needs a second home, they are for folks with substancial discretionary income.


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