Questions about a HELOC & DTI

[Julia Ferris]

Hello,

I'm concerned that I waited too long to apply for a HELOC.

Do all banks calculate debt to income ratio the same way? How do they do  it? Is mortgage payment with taxes and insurance? What about a personal loan with no set payment terms? Much of my income from my w2 is categorized as "Bonus", but paid out throughout the year, so  I'm worried.

Can anyone recommend an investor friendly vendor. I'm in Florida.

Thank you,

Julia Ferris